Tags » Nominal Gdp Targeting

Nominal GDP targeting would be subject to errors,revisions and likely inflation

One of the features of economic life is that there are a lot more reinventions of old ideas than there are new ones! One of these has been exhumed and shocked back to life by The Economist magazine and it is nominal GDP (Gross Domestic Product) targeting. 1,401 more words

General Economics

Repeat after Me: Inflation's the Cure not the Disease

Last week Martin Feldstein triggered a fascinating four-way exchange with a post explaining yet again why we still need to be worried about inflation. Tony Yates… 1,394 more words