our greatest blessings come to us by way of madness Phaedr. 244a


macro 101

Some links to stuff I’ve written bearing on macroeconomic policy. Read all of them, and you’ll have a good sense of where I’m coming from.
·         A Dark Age of Macroeconomics
·         America’s Chinese Disease
·         China’s Water Pistol
·         Core Logic
·         Japan 1998
·         More on Friedman and Japan
·         Myths of Austerity
·         Sam, Janet, and Fiscal Policy
·         Self-Defeating Austerity
·         The Humbling of the Fed
·         The Instability of Moderation