Federal Reserve

Archive for Federal Reserve

I’m Being Serious: Why Was It Scott Sumner Day?

I’m not going to put in my trademark snarky comments in this post, because I’m being quite serious: I am reading some commentary, preparing to write an article on Monday talking about the Fed’s announcement. I had planned on launching a full-scale critique of Scott Sumner, who is being credited with inspiring this new move […]

Remarks From Economics Bloggers That I Find Hilarious

==> “The day Garett [Jones] first visited GMU, I went home to my wife and told her, ‘I just met my new best friend.’” — Bryan Caplan ==> “[I]t’s Scott Sumner Day.” — Tyler Cowen ==> “Fed lowers its 2014 unemployment estimates by 0.3% or 0.4%.” — Scott Sumner, explaining why the Efficient Market Hypothesis […]

The Austrian School in the Present Crisis

This was a talk Tom had given at Mises U this year. Boy he’s a dapper dresser!

Murphy Responds to Ezra Klein’s Crazy Fed Proposal

Steve Landsburg took a swing (and missed! But head up Steve no one bats a thousand) at Ezra Klein’s crazy Fed proposal when I was down at Mises U, just in time for me to incorporate it into my talk that day. Thanks to Chad Parish for editing. Music by Kevin MacLeod.

“Messengers for Liberty” Documentary Trailer

Sorry if I already posted this; I get mixed up with FB and the blog, sometimes. Anyway just in case I haven’t posted it here:

Potpourri

==> This was a post I did on ethanol policy and food prices a few weeks ago. There’s a surprise. ==> Don’t worry about ethanol mandates causing high food prices. The US military is here to save the day. ==> There’s a famous econ blogger out there, who thinks the authorities need to boost Aggregate […]

Update on Scott Sumner Debate

A few people lately have been asking me about this. Well, I am still not yet ready to face Vader. I don’t want to lose a hand. However, it occurs to me that I could win the debate just by saying, “Scott Sumner published this on his blog. And fans of the free market are […]

Bursting Sumner’s Bubble, the Climax

I added the below in an update to my original post, but I want to make sure y’all see this one: Thanks to the sleuthing of Dan, we are able to produce the following work of beauty: (A) “I’m a believer in the EMH and hence skeptical of the idea of bubbles, a least as […]