Ben Bernanke’s post on the taylor rule – Lines up with a lot of market monetarists who think rates should have gone negative (see: Europe) after 2009. I’m not sure if the equilibrium rate crossing back over and being higher than the fed funds means following the rule implies a rate increase, or whether you have to make up for some sort of “rate debt” and let the actual rates remain lower than the taylor rule implies to get back to ‘normal’.
Sumner – lots of my favorite posts of his are these shorter ones where someone has addressed a point he made, but is using faulty logic (or is reasoning from an identity).
Tren Griffin, a dozen things I’ve learned – These are always worth the read, and the archive is well worth an afternoon (or a whole day). This one on Irving Kahn, someone I had never heard of, but who undoubtedly had an excellent mind. Points 2 and 12 were my favorites.
Fireside Markets Podcast – A pretty light week for financial planning articles, so here’s a podcast. This one all about 401ks/how to increase savings rates in America. I’ve really enjoyed this series so far.