Must-reads: December 30, 2015
- : On Summers: My Views and the Fed’s Views on Secular Stagnation: “The Fed’s job would have been, and will be a lot easier if fiscal policy makers would help. I disagree with Charles Plosser’s view on monetary policy, but I have some sympathy for the view that many people have come to expect too much from monetary policy…”
- : Don’t Blame “Uncertainty” for the Slow Recovery
- (2004): Schumpeterian Profits in the American Economy: Theory and Measurement
- : Global Sunspots and Asset Prices in a Monetary Economy
- : Seven Centuries of European Economic Growth and Decline: “Rather than being stagnant, pre-nineteenth century European economies experienced a great deal of change…” :: How rapidly would one anticipate that the Malthusian scissors would work, anyway?
