The Ramblings of an Amateur Economist

I was reading Scott Sumner's recent post about Neo-Fisherism and I had an epiphany about Market Monetarism. I have consistently take...

" If my philosophy is wrong then my market monetarism is equally wrong." Yes.  See also this and this .

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...

I wanted to delve a little bit deeper into Scott Sumner's claim that low interest rates are contractionary. Unfortunately, the model h...

After posting too many lengthy comments on Scott Sumner's blog a while back, I decided I was going to ignore his claims that high inter...

In the comments of one of Nick Rowe's recent posts , Scott Sumner has accused me of confusing objectives and tools of monetary policy: ...

Recently, Scott Sumner wrote a blog post with this chart in it:  I thought it would be interesting to see how well this relationship hel...

Scott Sumner wrote a blog post recently in which he questioned the validity of New Keynesian models. He listed five of it's prediction...

Monetary offset , one of the major aspects of Market Monetarism , is severely hindered by the application of some basic macroeconomic theor...

I was playing around with fiscal stimulus in a New Keynesian model (with capital) that I had written down in Dynare and I was surprised to...