Welcome NRO Readers

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

The Monetary Base: Part II

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):

The Stimulus Will Fail

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