@GeorgeSelgin I love when George is so triggered that he forgets by the end of the sentence that some of the adjectives he strings together in spewing his vitriol earlier in the sentence do not exactly apply to the noun they are modifying. A person is "small-minded"; an "excuse" not so much.
@GeorgeSelgin As a wag once said, "There are people whose praise one relishes. But there’s nothing quite like being detested by the right sort of people."
Sticky prices? Menu costs? Not at Waffle House! Just slap a sticky notice on the menu. As economists Alchian and Allen long ago told us, "Prices are actually instantly flexible--as instantly as it is discovered a change is appropriate." (Universal Economics, p. 149)
Last week the paper I published with Carmen Dorobat and Matt McCaffrey in the Cambridge Journal of Economics was number 3 on the Social Science Research Network's Top Downloads list for Monetary Policy.
https://t.co/VUt1PMGjAG.
The removal of the CEPO was crucial from the outset. Having failed in this, and continuing on this path, Milei is not different from his Peronist predecessors.
Here, I discuss currency market share and other things about Argentina.
Published on @mises.
https://t.co/wNmWEANb8l
For the German speakers among you, a translation of my article, "Hyperinflation and the Destruction of Human Personality" https://t.co/YmWup3kyXx
Hyperinflation und die Zerstörung der menschlichen Persönlichkeit https://t.co/RGTGqfrnKa via @YouTube
A must read review of two books written for a lay audience that explain economic events from the perspective of Austria business cycle theory.
https://t.co/S2wMnDLlIs
Five participants look back at the Austrian Economics Conference in South Royalton, VT on its 50th anniversary. This historic conference played a central role in the revival of Austrian economics.
https://t.co/xYbrbxMJdA