There has been a buzz on EconTwitter and academia lately. I think the first thing I saw on this was Tyler Cowen’s post, where he compared blogs and Twitter. Although I preferred to use Twitter until last year, then I opened this blog for my own reasons. Even though it is a topic that I […]
https://www.themoneymischief.com/economics-failing-us-what-about-econtwitter/
In recent years, the Fed predicted inflation would be below the target. For a while, inflation remained below 2%. It has risen above 2% this year, and it looks like it will stay around for a while. Actually, this situation itself is not a problem. Last summer, the Fed switched to “average inflation targeting,” which […]
https://www.themoneymischief.com/can-overshooting-also-cause-recession/
On Twitter, I come across dozens of different bad analyzes, especially about economics. This is just one of them: You might think it’s stupid for people to stockpile things like gas. And, of course, you can also share it and laugh. However, just because you think something is stupid doesn’t make it stupid. The real […]
https://www.themoneymischief.com/is-rationality-the-new-stupidity/
