The case for central bank independence is built on an intellectual two-step. Step one argues there is a problem of inflation prone government. Step two argues independence is the solution to that problem. This paper challenges that case and shows it is based on false politics and economics. The paper argues central bank independence is ...
Thomas Palley considers the following as important: Economics, Political Economy, U.S. Policy, Uncategorized
This could be interesting, too:
Dan Crawford writes Open thread Nov. 16. 2019
Lars Pålsson Syll writes Skidelsky on the uselessness of ‘New Keynesian’ economics
Lars Pålsson Syll writes The past and future of economics
Lars Pålsson Syll writes Why Wall Street shorts economists and their DSGE models