Author Archives: Tony Yates

Marvin Goodfriend made a telling contribution to the Shadow Open Markets Committee – the US equivalent to our Shadow Monetary Policy Committee.  [h/t David Andolfatto for sharing that]. His remarks lead us to note that while the Fed has a … Continue reading →

This post is a repeat of many before, and consolidates Tweets from yesterday that were picked up in the FT story by Ferdinando Giugliano. We’ve now had speeches from the BoE urging inclusive capitalism [Carney], on the benefits of volunteering … Continue reading →

The latest vintage of UK GDP released by the Office for National Statistics has revised up growth rates through the post crisis period significantly.  It’s caused some to speculate that this vindicates George Osborne’s ‘austerity’ policies, and others to wonder … Continue reading →

This is the question posed in Robert Peston’s blog today.   My answer:  yes and no. No, also, because while no mandate, certainly not the existing BoE one, is likely to be word-perfect, there should be a pretty high bar set … Continue reading →

Two recent blogs on Corbyn, in case you missed them.  Someone responded to one of these posts:   ‘My first Corbyn of the day.  Must cut down.’ If you haven’t exceeded the recommended number of Corbyns today, click through below. … Continue reading →

Here Martin picks up on the Haldane speech about negative rates, and some of us that criticised him for supporting that option to escape the confines of the zero bound. MS rightly points out that one would not need to … Continue reading →

Picking up a point I tweeted about a few days ago, and, I think, also pointed out independently by Chris Giles…. It’s a curious thing that the right in the UK may want to leave the EU if David Cameron … Continue reading →