Welcome to those of you visiting the site via Ramesh Ponnuru’s post on The Corner.
Here are some posts on monetary theory and policy that might be of interest:
– The Monetary Base: Context Matters
– On the Paradox of Thrift and Liquidity Traps
– Thinking About Monetary Policy
– Can Money Be Tight if the Fed Does Nothing?
– Inflation is a Monetary Phenomenon, But This Isn’t Inflation
– Measurement Before Theory, (Parts 2 and 3)
And one on whether the stimulus package would be successful (written in February 2009):
