tag:blogger.com,1999:blog-1740670447258719504.post2355850005436458202..comments2024-03-27T03:00:27.024-04:00Comments on Facts & other stubborn things: LHS MusingsEvanhttp://www.blogger.com/profile/12259004160963531720noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-1740670447258719504.post-30632020039940819182012-09-17T05:20:59.394-04:002012-09-17T05:20:59.394-04:00Everyone thinks money is partially endogenous and ...Everyone thinks money is partially endogenous and partially exogenous. It depends on the timeframe which dominates.Currenthttps://www.blogger.com/profile/08645195276844244481noreply@blogger.comtag:blogger.com,1999:blog-1740670447258719504.post-83384853941496203232012-09-16T22:16:17.436-04:002012-09-16T22:16:17.436-04:00The money supply is partially endogenous and parti...The money supply is partially endogenous and partially exogenous, IMHO. Have you decided to absorb Post Keynesian endogenous money theory, Daniel? :PBlue Auroranoreply@blogger.comtag:blogger.com,1999:blog-1740670447258719504.post-71024605197749812022012-09-16T19:06:50.021-04:002012-09-16T19:06:50.021-04:00I think too many relations have an equality sign w...I think too many relations have an equality sign when they should have a "less than or equal" or "greater than or equal" sign with the result that serious mistakes are made about causation and the effectiveness of proposed policies.Absalonhttps://www.blogger.com/profile/09131268683451462949noreply@blogger.comtag:blogger.com,1999:blog-1740670447258719504.post-55476942895440273912012-09-16T13:53:58.967-04:002012-09-16T13:53:58.967-04:00It seems to me that most of these policies don'...It seems to me that most of these policies don't have strict,or direct, "left hand side." Instead, policy makers have to search for a policy that suffers the least risk of over-reaching (or lack of control).Jonathan Finegold Catalánhttps://www.blogger.com/profile/16710256011291680376noreply@blogger.comtag:blogger.com,1999:blog-1740670447258719504.post-5813371130300688242012-09-16T13:03:43.439-04:002012-09-16T13:03:43.439-04:00Are you conceiving a policy rule like this?
Actio...Are you conceiving a policy rule like this?<br /><br />Action(s) <- Condition(s)<br /><br />If you have a target, the deviation from the target could be among the conditions?<br /><br />Sounds quite sensible to me. :)Minnoreply@blogger.com