Wednesday, July 29, 2015
Sunday, July 26, 2015
Carnegie-Rochester Series on Public Policy, 39, 1993). (I will henceforth refer to that paper as [Taylor 1993], since he has since proposed improved rules.)
Saturday, July 25, 2015
I assume that the reader knows Python; this is not a tutorial on how to use the fred package in Python. (I expect that I will eventually write tutorials on those lines.)
Wednesday, July 22, 2015
Ralph S. Musgrave's book argues that The Solution is Full Reserve/100% Reserve Banking. However, even after reading the book, it is unclear what real-world problem full reserve banking is the solution for. Despite its length (130 pages), the reader is expected to wade through the literature elsewhere to find the details.