Monthly Archives: March 2015

I’ve accepted a post as Prof of Economics at Birmingham, where I’ll join in the Summer. Advertisements

Carney and McCafferty delivered a one-two on monetary policy and oil prices.  Both get it wrong in my opinion, but, in diffent ways.  [Remember Tolstoy’s Ana Karenina:  ‘all good economic arguments are alike.  Each bad one is bad in a … Continue reading →

A tired pun, in service of a continued campaign on this blog for increased transparency in central banking.  Or rather at the Bank of England in particular. Previous rants have focused on the fact that the BoE does not yet … Continue reading →

One memory of my final years at the Bank of England is that every two or three months we were commissioned new pieces of work on QE exit strategies, each time prompting ‘here we go again’ thoughts as the staff … Continue reading →

A post from me on this topic that appeared on Ben Chu’s ‘Chunomics’ blog at the Independent.

A rather forced pun to begin this waiting-room queue blog. But post hoc ergo propter hoc refers to the fallacy of concluding that since after all A we observed B, A must have caused B. This is a summary of … Continue reading →