Tumblr Icon RSS Icon

NGDP Level Targeting Gains Steam

By Matthew Yglesias  

"NGDP Level Targeting Gains Steam"

Share:

google plus icon

Paul Krugman hopes aboard the NGDP level targeting express. Joe Weisenthal has a great post rounding up other elements of elite support who seem to be getting on the bandwagon. Here’s a Scott Sumner lecture in which he lays out the basic view:

My view of this is somewhat closer to Krugman’s than to Sumner’s in that I think it would be better to have fiscal and monetary policymakers rowing in the same direction.

‹ Controversial DC Education Reform Has Raised Teacher Salaries Substantially

You Don’t Need A Regressive “Flat Tax” To Eliminate Deductions ›

By clicking and submitting a comment I acknowledge the ThinkProgress Privacy Policy and agree to the ThinkProgress Terms of Use. I understand that my comments are also being governed by Facebook, Yahoo, AOL, or Hotmail’s Terms of Use and Privacy Policies as applicable, which can be found here.