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While this blog hibernates 24 Jun 2013 | 08:13 am
Time to highlight a few past posts for anyone who may have stumbled upon this blog recently. If my ever-growing list of things to post about is any indication, Thought Offerings will not be in hibern...
EconViz: New Tutorial: Why Central Banks Don’t Control the Money Supply… 6 Sep 2012 | 12:09 am
Over at EconViz I've uploaded an unfinished tutorial I've been working on called, "Why Central Banks Don’t Control the Money Supply: A Visual Tour of the Macroeconomic Dynamics of Bank Loans, Reserve ...
Cutting Interest Rates to Boost the Economy: A Fallacy of Composition just like the False Notion of Cutting Wages to Create Jobs? 7 Jun 2012 | 05:46 am
Does monetary policy work? Can the central bank meaningfully impact the economy and employment by altering interest rates? Or, as Warren Mosler sometimes suggests, are central bankers like the kid in ...
EconViz: Want to Design a Fun Educational Experience about Economics? 7 Jun 2012 | 12:21 am
An excerpt from the latest post at EconViz Blog (my other economics blog): Are you a good storyteller? Do you like the idea of creating a fun educational experience so compelling that people can’t he...
The Job Guarantee is a Description of a Prescription, like Much of Macroeconomics 12 May 2012 | 08:00 am
While recognizing that most of this blogosphere discussion has passed me by months ago, I thought I'd share my perspective, redundant though it might be. "Can you have MMT without a Job Guarantee?" T...
The Zero Waste Jobs Program Revisited: Can We Recycle Over 80% of Trash Instead of Under 35% While Ending Involuntary Unemployment? 9 May 2012 | 10:12 am
I recently outlined an unconventional idea for a specialized jobs program implementation. If you are interested in the topic but have not read the post, please do so: The Ultimate Job Guarantee Implem...
New Flow Visualizer and Minor Observations on Macroeconomics 26 Apr 2012 | 04:00 am
In case you missed it, yesterday I introduced a preview of the Macroeconomic Circular Flow Visualizer via a post on EconViz (read the linked post to see more on possible future features and such). Si...
EconViz: New Tutorial: How Loans Create Money 12 Apr 2012 | 08:39 am
Reposting from EconViz Blog: Here is the first part of a new narrated visual tutorial: How Bank Loans Create Money — Explained Visually in 3 Minutes This part covers the very basics, so you're not ...
Banks Dominate Euro Area Lending because of the Low Ratio of Short Maturity Government Debt? 29 Mar 2012 | 05:34 am
The full mechanics of money supply endogeneity seem to be one of the remaining mysteries of macroeconomics. As I have explored for a couple years now (see for example the most recent two posts, A Visu...
Tutorial Seeking the Right Audience 7 Mar 2012 | 11:25 am
Reposting from EconViz Blog: How the Economy Works — a Visual Tutorial seeks the right audience of would-be learners. This seems most likely to be: People who would like to learn more about the nuts...
