Archive for Inflation
An Economist With a Cool Accent Explains Quantitative Easing
The bored von Pepe sends this one:
Read moreJohn 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: […]
Read moreKrugman Is the Herman Cain of Bailouts and the Euro
No, I don’t mean Krugman favors a $999 billion bailout (that’s much too small), I mean that he simultaneously tries to take both sides of a hot-button issue. (Poor John Stossel!) In a snarky post entitled, “A Tale of Two Krugmans,” I alluded to the fact that Krugman thought he blew up the case for […]
Read moreMurphy Debate With Sumner in January
It’s on. (I was going to link to an Eazy-E video of the song with that title, but remembered that women and children read this blog.) We haven’t picked an official date yet, but Sumner and I will go toe-to-toe in January. The topic? Anthropogenic climate change. He’s for, I’m against. Or maybe we’ll talk […]
Read moreThe House That Sumner Built
For those who don’t follow these things, Mugato would say Scott Sumner is so hot right now. Now even Krugman endorses Sumner’s general worldview. I was reading Brad DeLong’s take on the whole affair, and found this excerpt revealing: By contrast [with the Fed buying assets with new money], the alternative expansionary policy is for […]
Read moreFriendly Monthly (Price) Inflation Update
Relying on the official BLS reports that came out yesterday and today on the Producer Price Index (PPI) and Consumer Price Index (CPI) respectively, here are the price increases for various categories over the course of the year from September 2010 through September 2011: Consumer Prices not counting food and energy: +2.0% Consumer Prices, all […]
Read moreSumner Ups the Ante on the Hoax of the Decade
For a while now I have shared my theory that Scott Sumner, chief architect of the “target NGDP” proposal on the blogosphere, is actually playing a game with all of us. He has somehow managed to hoodwink not only Brad DeLong and Tyler Cowen but even David R. Henderson. Perhaps because of the metal plate […]
Read moreSumner Plugs the Last Chink In His Inflationist Armor
I know many of you are probably getting sick of my obsession with econo-blogger Scott Sumner, but he is really something else. In previous posts I have shown that Sumner has explicitly declared that even if his policies lead to nothing but rising price inflation, he will have no regrets. Yesterday he made his views […]
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