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ebuchman.github.io
| | bytepawn.com
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| | I explore several points that are rarely explained in Modern Monetary Theory narratives: from taxation in non-tax economies to central bank independence, inflation targets, and the many forms of money that exist beyond government spending. These are areas where the story of MMT could be told more completely.
| | economicsfromthetopdown.com
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| | I've always been baffled that modern monetary theory is called a 'theory'. Why don't we just call it 'the way money is'?
| | andolfatto.blogspot.com
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| | I want to say a few things about Chicago Booth's recent survey questions posed to a set of economists; see here . The survey asked how stro...
| | www.moneyandbanking.com
21.2 parsecs away

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| "Headline" inflation is making painful headlines again. In October, consumer prices rose by 6.2 percent from a year ago-the most rapid gain in at least three decades. Measures of trend inflation also are showing unsettling increases, with the trimmed mean CPI up by 4%. And there are reasons to believe that inflation will stay well above policymakers' 2% target for an extended period. In this post, we briefly summarize how we got here and argue that the Federal Reserve needs to change course now. In our v...