Archive for October, 2011

Banking Practices in Early 20th Century Bask

(BTW for new readers, “bask” is my abbreviation for “blog ask” since I am too proud to beg.) This is going to be a weird one: I have agreed to be a sort of economic consultant for a relative who is a working on a novel that involves characters working in a bank in Ireland […]

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Spreading the Love: Wenzel and Gordon Edition

I loved the first Cars movie because I could really identify with Lightning McQueen’s narcissism. In an effort to combat that, let me point you to two other people’s ventures to spread the word on the dangers of the State: ==> Robert Wenzel’s first podcast is up. He’s got a funky beat and a professional […]

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Faith Is Not Opposed to Reason

This short video is a great analogy for why religious faith is not at all a euphemism for “turning your reason off.” Watching this guy makes me consider going back to Catholicism. A simple request: If you feel called to write things like, “I don’t believe in superstitious mumbo jumbo,” etc., please be clear on […]

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Failed I Have

I have been warning you guys for a long time now that Scott Sumner was the real guy to watch. Now Christina Romer writes in the NYT–the NYT for crying out loud!–that Ben Bernanke needs to get his Volcker on: Today, inflation is still low, but unemployment is stuck at a painfully high level. And, […]

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A Video Trying to Make Nominal GDP Targeting the New Normal

This is pretty good, and has the endorsement of lots of market monetarists (see the comments here). If I were going to make a video to introduce a newcomer to Scott Sumner’s ideas, it would look something like this.

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John Carney Smells a Rat, Too

Seeing that I criticized Sumner lo these many years and have lived to tell the (boring) tale, John Carney has lately been launching broadsides against the Brawler from Bentley, here and here. We’ll see if Scott plays bad blogger, good blogger with Carney like he did with Kelly Evans. Evans & Carney, some Free Advice: […]

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How Are Sujatha Reddy and Scott Sumner Alike?

Well, neither has been in my living room. But beyond that, they both have far more expertise in their respective fields than I do, and yet I confidently claim that they are being very misleading when they “debunk” conventional wisdom. I’ve already complained about how Scott says that inflation poses no problem at all (or […]

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Sigh, I Think the Blog Is Working Again

I am now starting to suspect that when I’ve been spending too much time blogging, a failsafe kicks in and locks everything up. Sort of a cooling off period, like when the stock market crashes and the exchange shuts down for an hour. Anyway, I think you should be able to comment now.

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