The financial crash knocked some of the stuffing out of the economics profession, though you wouldn’t know it given the … Continue reading “It’s time for diversity (in the unfashionable sense) at the Bank of England”

With the news that inflation has fallen to 0.5 per cent there are “fears” that we might be about to … Continue reading “Deflating the over-inflated anti-deflation balloon”

The world is filled with irony and idiocies aplenty. For how many years was inflation targeting the very essence of … Continue reading “Inflation must follow”

If the next government, of whatever colour, insists on not taking the bold step of getting the government out of … Continue reading “Price-level targeting – the next big idea?”

The world is filled with irony and idiocies aplenty. For how many years was inflation targeting the very essence of … Continue reading “Inflation must follow”

If the next government, of whatever colour, insists on not taking the bold step of getting the government out of … Continue reading “Price-level targeting – the next big idea?”

A couple of days ago the bogus Consumer Price Index registered a dip to an annual rise of 2.3%. The … Continue reading “Mixed signals from inflation data”

Quantitative easing has become such a buzzword that it has now become known by its initials – QE. On a … Continue reading “Quantitative easing: we need another Lawson”

From a monetarist perspective, a strong case can be made in support of the Bank of England’s decision to engage … Continue reading “Questions over quantitative easing”