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notesonliberty.com
| | pseudoerasmus.com
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| | { This post is mostly stringing together my scattered tweets over the past couple of weeks. I've had numerous discussions on this subject with Vincent Geloso, Judy Stephenson, Ben Schneider, Benjamin Guilbert, Anton Howes, and Mark Koyama. But yesterday Geloso sent me the paper he's working on for Alsatian wages and that kick-started furtherthoughts I...
| | growthecon.wordpress.com
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| | NOTE: The Growth Economics Blog has moved sites. Click here to find this post at the new site. I'm not an economic historian, but like most growth economists I am an avid consumer of economic history. Maybe it's our version of "physics envy". Regardless, it isn't always obvious why growth economists look backwards so much...
| | spinning-wheel.org
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| | It's been fascinating seeing the responses to Judy Stephenson's post 'Spinning little stories: Why cotton in the Industrial Revolution was not what you think' on the Economic History Society'...
| | www.moneyandbanking.com
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| Since May 2021, we have criticized the Federal Reserves lagging response to surging inflation. In our view, both policy and communications were inadequate to address the looming challenge. Early this year, we argued that the Fed created a policy crisis by refusing to acknowledge the rise of trend inflation, maintaining a hyper-expansionary policy well after trend inflation reached levels far above their 2% target, and failing to articulate a credible low-inflation policy. Against this background, we comm...