Monetary Realism

Understanding The Modern Monetary System…

Monetary Realism’

NGDP Futures Still Don’t Work

I’d seen this a few months back but Scott Sumner is still flogging the dead horse of NGDP futures. He published a longer paper on NGDP futures with the Mercatus center back in July of this year.  NGDP futures will not work. They have an incoherent structure as proposed by Scott Sumner. Every single possible… Read More

The Empire Strikes Back…

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Michelle Malkin mentions the coin on twitter. It’s pretty clear the right has heard of the platinum coin – she links to an article with a string of tweets concerning the coin. Update 9:23am : The New York Sun has an anti-coin editorial up and running – and it’s right at the top of the… Read More