The Greek Bailout
Officials from EU governments have just now pledged to bail out the Greek government. In my view, this is a bad idea, at least for the people of Germany and France, who will bear a lot of the cost....
View ArticleMiscellaneous Thoughts on the Fed
Everyone is interested in monetary policy and the Fed all of a sudden, so, what the hell, I’ll chime in too. Here is my ranking of monetary regimes: Depoliticization and denationalization of money....
View ArticleAre Cryptocurrency Exchange Rates Indeterminate?
Last week, I was chatting with Garett Jones about Bitcoin, and he asked about exchange rate indeterminacy. It’s an issue that Tyler Cowen has raised as well. What is exchange rate indeterminacy? Do...
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