Evidence for monetary offset

As Tony Yates among others has observed , antagonism towards using fiscal policy for macroeconomic stabilisation seems to be an essential pa...

On the monetary offset argument

A number of us are highly critical of moving to austerity so early in the recovery from the Great Recession. Market Monetarists (MM) argue t...

Monetary Impotence in context

Mainly for macroeconomists There are a significant group of people who think that monetary policy must be the right answer even in a liquidi...

Synthesis!? David Beckworth's Insurance Policy

Could it be that New Keynesians and Market Monetarists can converge on a common policy proposal? I really like David Beckworth’s Insurance p...

What annoys me about market monetarists

I missed this little contretemps between Nick Rowe and Paul Krugman . Actually this appears to be a fuss over nothing. The main point Paul ...

Good and Bad Blog Debates

One of the things I really like about blogs is that they can generate considered and informed debates about ideas. But not all blog debates ...

Monetarist vs Fiscalist

Giles Wilkes (ex special advisor to Vince Cable, Business Secretary in the current UK government and LibDem) has a post that compares those...