Even with the last few weeks (last few years??) bringing what seemed like a crush of negative news, I'm still heartened as the year draws to a close. It's some combination of family, being able to take a break, and the usual holiday time with friends old and new, I guess -- so I hope y'all are having a nice Christmas Eve too, whether celebrating or not, and enjoying a respite from the regular whirlwind.
Inflationary Expectations
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Here’s Paul Krugman in 1998 making the case for an effort to create
inflationary expectations: Let us now bring this discussion back to earth,
and to Japan...
1 hour ago







