The Ghost of Christmas Inflation

This is part of an ongoing series of essays on inflation.  This one is at Project Syndicate   The Ghost of Christmas Inflation Inflation c...

Fiscal theory update

Whew. The penultimate draft of The Fiscal Theory of the Price Level  is now done, and in the hands of the copy-editors at Princeton. There i...

Do we live in China?

Google/Youtube's "misinformation" policy.   You may not "contradict... local health authorities' (LHA) or the World ...

The ECB's dilemma

I have been emphasizing the Fed's dilemma: If it raises interest rates, that raises the U.S. debt-service costs. 100% debt to GDP means ...

FTPL article

I wrote a short-ish article for the Journal of Economic Perspectives on Fiscal Theory of the Price Level. It tries to summarize the 700 pa...

Debt Video

  This is a short video summarizing papers r<g?  and (better) section 6.4 of Fiscal Theory of the Price Level . Do low interest costs o...

New Location...Same Great Content

Dentrix Office Manager blog content can now be found in Dentrix Magazine . Click the For Office Managers tab for instant access to ar...

Inflation speculation

I'm working madly to finish The Fiscal Theory of the Price Level . This is a draft of Chapter 21, on how to think about today's emer...