The Grumpy Economist

Issue 100-year Treasurys,  advocates the Wall Street Journal .  It mentions a short note  deep on the Treasury website  that Treasury’s Of...

Larry Summers has an interesting tweet stream (HT Marginal Revolution) on the state of monetary policy. Much I agree with and find insightf...

Phil Gramm and John Early have an excellent WSJ oped on inflation measurement . Many conventional inflation measures are  overstated by ar...

Now that 30  days have passed, I can post the whole July 18  gold oped in the Wall Street Journal . Some of President Trump’s potential no...

Eli Dourado writes of f our intriguing geoengineering schemes: (HT Marginal Revolution's incomparable links .) 1. Bring back the Wool...

Alejandro Rodrigues writes again from Argentina ( previous post ) "This  graph shows the evolution of peso denominated fixed incom...

The Reader's Guide to Optimal Monetary Policy is a snazzy new website created by Anthony Diercks and Cole Langlois at the Federal Reser...

Steve Williamson has an excellent long essay, " Is the Fed Doing Anything Right? " on the current state of monetary policy. Why ...

My friend Alejandro Rodriguez, at Universidad del CEMA, sends the following report: Oops we did it again. Macri (the current president) lo...

Nina Karnaukh of Ohio State sent along this lovely graph of the 6 month Fed Funds futures around the beginning of August. Read this as th...

Martin Gurri at the fifth wave writes a very intresting " notes from a nameless conference. " (HT Marginal Revolution ). A few cho...

Every era’s monetary and financial institutions are unimaginable until they’re real , writes Tyler Cowen in an excellent Bloomberg.com essay...

The most hilarious course syllabus I've seen in a while , from Professor Sanjay Srivastava at the University of Oregon. ... .....

I've been remiss about blogging lately while I finished two new papers, " The Fiscal Roots of Inflation ," and " The Val...

I wrote a Wall Street  Journal Oped on the gold standard , partly in response to last week's Oped by James Grant  (whose "PhD stand...

Greg Mankiw posted a clever graph a month ago, which he titled " The Phillips Curve is Alive and Well." No, Greg, the Phillip...

NPR covered the Democratic candidates' plans to address housing issues: [Julian] Castro would provide housing vouchers to all familie...

In a delightfully YIMBY " Americans Need More Neighbors " the New York times gets it almost all right. Housing is one area of Am...

Torsten Slok at DB updates this lovely graph on occasion. Here's what it means. Fed fund futures are essentially bets on where the Fe...