…Referred to as the Great Inflation, this era lasted from 1965 through 1982, and was finally brought to an end by Fed chair Paul Volcker. After assuming leadership of the…

…Demand rule upon the rules by Mankiw. My Effective Demand rule followed his 2000-2007 version (red maroon line) very closely from 2002 until the crisis, whereupon they diverged, because the…

…us–we actually need to spin these functions out.” Yves Smith, naked capitalism, Goldman, Morgan Stanley Can Escape Volcker Rule (Feb. 2, 2010) Yves isn’t very supportive of the Volcker Rule,…

…the desired long run growth to inflation. So how might a policy rule to determine the Fed rate be modified for a NGDP target? A policy rule has this essential…

(Dan here…lifted from Robert’s Stochastic Thoughts) Reagan’s Tax Cuts and the Volcker Recession Max Boot is a candidate member of the Rubin Gerson can’t be a conservative anymore, because I…

I posted a graph where I overlaid the Effective Demand rule over the Taylor rule variations done by Tim Duy. You can see differences between the rules since the crisis….

…seeking to block the ATF from enforcing the rule. U.S. District Judge Reed O’Connor agreed with them and barred the agency from applying the rule anywhere in the United States,…

…now at 4.8%. Other Taylor rule approaches generally says rates should have been higher in the pre-Volcker era and about the same in the Volcker era then they actually were….

…bid for resurrection. A clear majority of the justices appears poised to uphold a Biden administration rule that has effectively put this industry—which sells untraceable guns that are disproportionately used…

…Compliance to New Rules and Pathways for Escalation and Resolution of Violations Identification Compliance to New Rules: Business as Usual regardless of CMS 2024 rules: Given the broad and far-reaching…