Thinking Out Aloud

Novelist Kerry Greenwood (the author of the  Phryne Fisher  books, now a successful  TV series ), has recently published a book on the  S...

I recently read  Adam Fergusson's history  of the early 1920s  hyperinflation  in Weimar Germany--which also covers contemporary hype...

The combination of the Melbourne heatwave, being very busy at work (having to get up a 5.30am in the morning to beat the traffic then doin...

This is based on a comment I made here in response to a post which talks about recessions as monetary phenomenon (which I agree with). I...

As economist Frank Mehrling  has observed  (pdf): All monetary theories (at least all those of which I am aware) build from some underl...

Uber blogger Matt Yglesias r ecently posted  on why an open borders policy for the US--possibly using an auction system to regulate the r...