tag:blogger.com,1999:blog-2761684730989137546.post2673463512001971640..comments2024-03-28T20:28:01.733-04:00Comments on Mike Norman Economics: Evan Soltas — NGDP Is a 'Simple Rule'mike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2761684730989137546.post-13264567033206473712012-08-26T07:49:01.536-04:002012-08-26T07:49:01.536-04:00yes, corporate welfare and welfare for the rich (N...yes, corporate welfare and welfare for the rich (NGDP targeting) is the solution to our problems. As always.<br /><br />ynoreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-81227516858319568192012-08-26T02:39:00.852-04:002012-08-26T02:39:00.852-04:00It may be simple but it doesn't explain why it...It may be simple but it doesn't explain why it is better that the central bank should 'overpay' for assets and reward asset owners that want to sell over just paying ordinary people to retire debt or spend.<br /><br />It's the same numbskull 'efficient market' argument used to justify share buybacks over dividends. NeilWhttps://www.blogger.com/profile/11565959939525324309noreply@blogger.com