Matthew C. Klein
@M_C_Klein
Founder of THE OVERSHOOT and UN/BALANCED | co-author of TRADE WARS ARE CLASS WARS | For speaking: https://t.co/bD8a12V37O
ID:961132338
https://theovershoot.co/ 20-11-2012 20:17:52
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Our detailled workimg paper on using the financial system to enforce export controls with Elina Ribakova 🇺🇦 Benjamin Hilgenstock
and Anna Vlasyuk has just been published Bruegel. Have a look
bruegel.org/working-paper/…
Really interesting argument from Elina Ribakova 🇺🇦 on the material incentives for continued Russian aggression:
ft.com/content/3fd6b6…
(presumably those incentives could change if Russia's losses ramped up significantly)
I enjoyed this argument from Martin Sandbu that sometimes the best thing for a business to do is to do business badly:
ft.com/content/3379e3…
In which I argue that the Fed has been quietly following the 2018 advice of Lawrence H. Summers to replace the inflation-targeting framework with a 5-6% NGDP target, so that interest rates are around 5% in normal times
x.com/M_C_Klein/stat…
In which I argue that the Fed has been quietly following the 2018 advice of Lawrence H. Summers to replace the inflation-targeting framework with a 5-6% NGDP target, so that interest rates are around 5% in normal times
x.com/M_C_Klein/stat…