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Via Mark Thoma, I spotted this piece in the Washington Post about the US Fed’s mandate. I disagree with this piece. But, it is well laid out and argued – which makes it a good piece! So let us go through the reason why I take issue:
At the moment, many of my friends are getting married. At the same time some of my other friends who are not married are telling me they don’t understand why people get married. While I am not married, I think the idea of marriage is grand. I think it is a great way of dealing […]
Excellent post and picture by the Economist. First the picture: Then the post:
I was hesitant to write this post, until I realised I was writing it on a personal blog that only a few lovely people read and no-one will be too concerned with what I say 🙂 . Then I decided I may as well discuss how I actually feel about the speech from the RBNZ […]
I see the RBNZ has come out with the details of the LVR restrictions (loan-to-value limits on mortgages) they may well put in place soon. That is cool. I’m also a big fan of the “question and answer” style discussion of people’s submissions here. Brennan McDonald summarises the details here. However, in the release about […]
The discussion about Milton Friedman going on at the moment is great fun – with a bunch of people discussing whether Friedman was Keynesian and what this even means. It all starts with Krugman attacking Friedman’s obsession with monetary aggregates.