If I'm not teaching economics this year, why am I still posting?

Simple. I'll be posting links and thoughts I may find useful in the future. In the meantime, USM economics students and any other interested persons should feel free to follow along, comment, whatever.

Tuesday, August 16, 2011

It's the Aggregate Demand, Stupid - NYTimes.com

It's the Aggregate Demand, Stupid - NYTimes.com

Don't be fooled by the title- Bartlett suggests increasing money supply even further until the economy turns around. Interesting argument in that it uses measures of the velocity of money to arrive at its conclusion. Bartlett also agrees with Kenneth Rogoff at Harvard that a little inflation would be a good thing right now.

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