Monetary Freedom

Stephen Williamson has some doubts about Nominal GDP Targeting. Oddly enough, his first  criticism is that because the Fed has allowed su...

Steve Waldman has an excellent post about the immorality of stabilizing the price level or inflation rate.    However, it is important to e...

Scott Sumner   points out that since real GDP grew approximately 3% over the decade of the seventies, the reason for the high and rising in...

Jeff Frankel has written some posts suggesting that inflation targeting has failed and that nominal GDP targeting is an attractive substitu...

I was at the Canadian Economics Association meetings in Calgary this weekend and I went to hear David Laidler speak on Irving Fisher. (Laidl...

Matthew O'Brien hits this one out of the park! There is No Try,             Ease or Ease Not. (But target the growth path of n...

It is great when a smart monetary theorist like David Andolfatto takes a hard analytical look at nominal GDP targeting.    His recent post...