Steve Williamson recently posted a joke of sorts: What's the difference between a New Keynesian, an Old Monetarist, and a New Monet...

Dreaming of Immortality in a Thatched Cottage - 1500s Exogenous/endogenous money , reflux , hot potato money , helicopter money , inel...

For diligent readers who have trudged through my first two post on Yap stones ( here and here ), I promise this will be my last on the...

Stephen Williamson had a good post recently in which he noted: Central to Old Monetarism - the Quantity Theory of Money - is the idea tha...

Lars Christensen had an interesting post on moneyness and the Divisia indexes. He recommended an old paper of Steve Horowitz's which I ...