An Interesting Economics Blog…

TheMoneyIllusion

Monetary economics is always (ok, almost always) interesting, and especially now. This blog seems thoughtful and stimulating, if not in the way the pols would prefer.



6 Responses to “An Interesting Economics Blog…”

  1. William H. Stoddard

    I’m surprised to find you praising this blog; its latest post looks to be an endorsement of the metaphysics of Richard Rorty and the economic analysis of Paul Krugman, both of whom strike me as being part of the problem and not part of the solution. Can you point to specific posts that you think are worthwhile?

  2. Tom G. Palmer

    The term I used to describe it is “interesting,” not “correct.” Moreover “it seems thoughtful and stimulating.” If I only read things with which I already agreed, when would I ever learn anything?

  3. William H. Stoddard

    Okay, I guess I can see that. I was just expecting when you said “if not in the way the pols would prefer” that I was going to read something more overtly critical of the Keynesian foundations of current macroeconomic policy. If “policy” is the right word for what the Obama administration is doing. But I’ve learned things from people I disagree with. . . .

  4. William H. Stoddard

    Do you know the old joke that “England is a country that has weather but no climate”? In that spirit, I think I might say what we have now in economic policy is not a climate, but weather. . . .

  5. I’ve read about half the posts and plan to read them all. I disagree with Stoddard’s characterization of it, and also with the bulk of the ideas of the blog itself. But the blog’s observations on the disarray in macroeconomics are exactly on target.

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