- Over at the NYT Economix blog: describing how fiscal policy from Congress and monetary policy from the Fed have been working at cross purposes and showing federal spending trends that buck conventional wisdom.
- Explaining why the Fed should largely tune out the building chorus of preemptive inflation hawks.
- Comparing the Fed’s latest Open Market Committee statement to that of their last meeting in track mode, thanks to the WSJ.
- Describing how lower leverage ratios at banks will help, not hurt, monetary policy.
- Explaining why it’s not enough to tell policy makers that we need more fiscal stimulus; they need a clearly stated policy road map.
- Highlighting a short book review by my CBPP colleague Paul Van de Water on a life in the public service.
- Pointing out how our current expansion, now 57 months old, is getting on in years relative to all the others since the mid-40s.
Music: listening to some kids from the Detroit Academy of Arts and Sciences doing that recent hit song “Happy.”