Tuesday, February 9, 2021

Hey, Barry, I have a question

New-Model Central Banks

Before you go gaga on the wonders of central banking, do us all a favor and post your model of a simple, automated savings and loan function.  That way we have a reference point; otherwise you are just jawing abut another government program for which economists have no model.

Us laypeople won't read this stuff from Project Syndicate, if it is mostly a bunch of fantasy about what Godot might do if he ever arrives.

No comments: