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Recent Posts
- The vicious circle impeding the entry of a new currency
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- Agreeing a central bank communication strategy
- Do monetary policy committees present an insuperable barrier to Odyssian forward guidance?
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Monthly Archives: October 2014
Inequality: is it defensible to nurture equality within a nation, ignoring inequality across nations?
John Cochrane’s remarks about greatly falling inequality across nations dwarfing the detail of slight increases in inequality within some Western capitalist economies are a pretty powerful objection Piketty’s call for redistributive taxes to hit the richest percentiles. Much how cross-nation … Continue reading
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A rider to Noah Smith’s riposte to John Cochrane’s diatribe on inequality
This follows Noah Smith’s recent Bloomberg view piece replying to John Cochrane. I won’t restate all the good points John makes, which are recounted carefully in Noah’s post. Instead I’ll list some other counters. If you have read Noah’s article, … Continue reading
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