tag:blogger.com,1999:blog-1740670447258719504.post7229864397953066962..comments2024-03-27T03:00:27.024-04:00Comments on Facts & other stubborn things: A question for George Selgin, Steve Horwitz, and Larry WhiteEvanhttp://www.blogger.com/profile/12259004160963531720noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-1740670447258719504.post-25634893386906242852011-08-07T08:43:38.157-04:002011-08-07T08:43:38.157-04:00Do you remember this thread?
http://www.coordinat...Do you remember this thread?<br /><br />http://www.coordinationproblem.org/2011/07/lse-hayek-keynes-debate-update.html#comments<br /><br />In the comments Jerry O'Driscoll and Larry White say that they opposed QE because of the bank-bailout aspect. Because it involved supporting banks by buying private sector bonds. It wasn't purely monetary policy.Currenthttps://www.blogger.com/profile/08645195276844244481noreply@blogger.comtag:blogger.com,1999:blog-1740670447258719504.post-86571479863423574772011-08-07T02:59:29.336-04:002011-08-07T02:59:29.336-04:00Selgin also emphasises that he is “a stable MV per...Selgin also emphasises that he is “a stable MV person, as was Hayek from ’31 onwards.” <br /><br />But really the only way to stabilise MV during debt deflationary depressions is fiscal policy.<br /><br />http://socialdemocracy21stcentury.blogspot.com/2011/08/hayek-on-monetary-stabilisation-in.htmlLord Keyneshttps://www.blogger.com/profile/06556863604205200159noreply@blogger.comtag:blogger.com,1999:blog-1740670447258719504.post-69928929176087592202011-08-06T17:27:54.328-04:002011-08-06T17:27:54.328-04:00Right - and as a way of dealing with the banks tha...Right - and as a way of dealing with the banks that makes sense and its what Krugman advocated too actually.<br /><br />What's less clear to me is what they want to do on monetary policy.Daniel Kuehnhttp://www.factsandotherstubbornthings.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-1740670447258719504.post-27712772949427194992011-08-06T17:09:51.998-04:002011-08-06T17:09:51.998-04:00George Selgin advocated what he calls 'the swe...George Selgin advocated what he calls 'the swedish alternative' (which here is a quick summary on the alternative) http://www.nytimes.com/2008/09/23/business/worldbusiness/23krona.htmlIsaac Izzy Marmolejohttps://www.blogger.com/profile/11954588809878738480noreply@blogger.com