The New Arthurian Economics

Last time, we looked at a typical "money supply relative to output" graph. Then I drew the graph again with the deflator inverted....

Messin' with the numbers. Okay, let's do a typical "money supply relative to output" graph. We take the GDP as it comes, ...

(Important to me, anyhow.) The Secret Economist recently posted an evaluation of the Taylor rule . What's the Taylor rule? According to...

"To divide by a fraction, invert and multiply." Suppose we have a calculation like . But we know that is a fraction, and that . ...

Wow! This was easy to do! Below is a Google Docs spreadsheet. It contains three pages. Each page has calculations and a graph. The graphs a...