The Ramblings of an Amateur Economist

Upon realizing that I could easily get the Cyclically Adjusted Primary Balance data from the IMF as well as Real GDP data from the OECD wit...

Whether or not austerity has been successful in the UK is perhaps the most natural test of Market Monetarism. The UK, after all, has an ind...

I decided I would make a little chart comparing the US output gap [1] to a counterfactual of the output gap without austerity [2]. The grap...