Tuesday, September 29, 2020

Getting the word out.

There have been a couple of great citations recently of my housing boom work.

As I mentioned recently, Mercatus published a paper that Scott Sumner and I had written.  Matthew Yglesias at vox.com cited it in a nice article about the need for more housing.

Also, Congress' Joint Economic Committee issued a new report on monetary policy that surprisingly pushes the envelope on new ideas. Stable Monetary Policy to Connect More Americans to Work

It was penned by Senior Economist Alan Cole.  The report cites Shut Out and supports the NGDP targeting policy that the Mercatus Center Monetary Policy group has been advocating for.

Here is Scott Sumner's reaction to it.  It's worth reading both Scott's reaction and the report itself.  It is very encouraging to see the building blocks being put in place for future improvements on these policies.

12 comments:

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