Showing posts with label monetarist theory of the price level. Show all posts
Showing posts with label monetarist theory of the price level. Show all posts

Thursday, August 28, 2014

Noah Smith — Thursday Roundup, 8/28/2014

15. All MMT people should watch Chris Sims talk about how he thinks money and inflation work. Also, all MMT people should dress in gold spandex and throw tomatoes at cars while playing "She Loves You" by the Beatles on kazoos and doing a little bow-legged jig.
Noahpinion
Thursday Roundup, 8/28/2014
Noah Smith | Assistant Professor of Finance, Stony Brook University

Not MMT, but interesting comparison of the monetarist theory of the price level and fiscal theory of the price level. A step in the right direction though.