All posts tagged NGDP Target

Market Monetarism is more than NGDP Targeting

It’s true that I prefer NGDP Targeting like many other market monetarists. But I also think the Fed did a pretty good job during the Grand Moderation without NGDP Target.In fact, market monetarism is mostly about another set of ideas. The important thing here is to keep in mind that NGDP targeting is not on […]

Grasping the Root

The Joint Economic Committee recently published a new annual report, written by Alan Cole. In my opinion, the report is ten times better than all of the qualified economic journals written in 2020.It’s not possible to review the entire report here, but I will share some parts that I like. Let’s start with the Great […]