Guest blogging at Econlog
Starting tomorrow I will do a guest blogging stint over at EconLog, which is one of my favorite blogs. I’ve followed David Henderson and Bryan Caplan for many years (and Arnold Kling when he was part of the group.) More recently they were joined by Art Carden and Bart Wilson. Now Art is leaving and I will be given an opportunity.
I will continue to do some posts at TheMoneyIllusion, as I don’t want the brand to die out while I am at Econlog. I originally figured I’d do more non-monetary stuff at Econlog, but they are actually looking for more of a macro presence. So I’ll use other criteria, such as the intended audience. I may keep topics that are sort of “inside baseball” over here, where readers are more interested in the complexities of monetary policy, and cover issues with somewhat broader appeal over there. Non-economic topics such as movie reviews will stay over here, as will my more wacky political/sociological/philosophical musings.
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31. December 2013 at 11:25
Scott–
The draconian comment policy and marmish moderation of econlog makes it a no-go for me. I won’t spare even a click. I don’t expect you to care what I think but please do try to crosspost your best work at themoneyillusion.
31. December 2013 at 11:26
Oh and there’s also the fact that Caplan wants my children to be slaves.
31. December 2013 at 12:06
Bob, Of course I have no control over that aspect of their blog, but they’ve never blocked me. Perhaps your language was too “colorful”?
I’ll try to remember to update people on important stuff I put over there.
31. December 2013 at 13:52
Bob,
I’m sorry you feel that way about our policy. Please give us another chance.
31. December 2013 at 14:14
Mr. Henderson,
So you’re copping to the whole child slavery thing then?
Happy Old Year!
31. December 2013 at 14:59
Are you going to link here to your posts over there? I’d love to read your posts, but, ugh, I don’t want to put the whole Econlog RSS feed into my reader.
31. December 2013 at 15:16
Brett,
I’m sure Scott will have a page that can be bookmarked. That’s how I keep up with my favourite econlog bloggers.
31. December 2013 at 16:20
Congrats doc. I am glad to see you’re getting institutional support.
31. December 2013 at 16:45
I prefer Scott Sumner as a stand-alone. But I wish every success. In 2014 it remains important for MM’ers to enter the debate, and to push for a more-aggressive growth-oriented Fed.
Best regards!
31. December 2013 at 16:51
I was going to post a very similar comment to Bob Dobalina’s. I have EconLog in my RSS, but I’d still like to see as many of your posts as possible stay on this blog because I think the comment policy at EconLog has the effect of stifling conversation. It’s not that my comments have ever been blocked, it’s just that every time I think about posting, I ask myself uneasily whether my comment is relevant, polite, and e-mail-address-supplied enough to not get blocked by the editor or have a bracketed comment added to the bottom. Then I end up not posting.
Fair enough, maybe the world is better off without my comments. But in general, I really enjoy reading the comment section on The Money Illusion, and really do not enjoy it on EconLog. My two cents.
31. December 2013 at 19:08
Scott,
Have you seen this by Mike Konczal?
“2013 brought us a fiscal deficit that closed far too fast, NGDP growth
http://research.stlouisfed.org/fred2/graph/fredgraph.png?&id=GDP&scale=Left&range=Custom&cosd=2010-01-01&coed=2013-07-01&line_color=%230000ff&link_values=false&line_style=Solid&mark_type=NONE&mw=4&lw=1&ost=-99999&oet=99999&mma=0&fml=a&fq=Quarterly&fam=avg&fgst=lin&transformation=pc1&vintage_date=2013-12-31&revision_date=2013-12-31
and inflation falling compared to previous years, and unemployment completely falling off the political radar at the same moment the argument that the deficit was a worry collapsed.”
http://www.nextnewdeal.net/rortybomb/rortybombs-best-2013
Konczal’s year on year graph captures the poor NGDP growth that occured in 2012. If you wanted to see how NGDP growth did in 2013 you would be better off doing the following:
http://research.stlouisfed.org/fred2/graph/?graph_id=153299&category_id=0
Yep, that’s right, NGDP growth was higher in 2013Q1 than in 2012Q4, was higher in 2013Q2 than in 2013Q1, and was higher in 2013Q3 than in 2013Q2. In fact it was higher in the third quarter than it’s ever been this recovery.
What is Mike Konczal smoking?
31. December 2013 at 19:51
Sounds fun, look forward to seeing you there.
31. December 2013 at 20:01
draconian comment policy
Nothing is worse than the Atlantic. Ta-Nahesi Coates banned me from the entire site for politely pointing out some historical facts he was unaware of, and deleted the comments as well. This was a site I had even done a little guest article posting for.
Of course since McArdle left there’s no one there worth commenting on anyway, but such cowardice is always telling. Civility is one thing, censorship is another.
31. December 2013 at 20:27
AWWW YISSS…
Yes, their comments policy is a little excessive, it’s a pity you won’t be able to maintain the level of interactivity we’re used to over there, but then that’s what this blog’s for. Henderson and Caplan are certainly worthy co-bloggers, and your arrival will probably make EconLog (for a while) the best econblog on the net, even better than MR, B-P and OB.
TallDave, you don’t even like Conor Friedersdorf?
31. December 2013 at 20:28
AWWW YISSS…
Yes, their comments policy is a little excessive, it’s a pity you won’t be able to maintain the level of interactivity we’re used to over there, but then that’s what this blog’s for. Henderson and Caplan are certainly worthy co-bloggers, and your arrival will probably make EconLog (for a while) the best econblog on the net, even better than MR, B-P and OB.
TallDave, you don’t even like Conor Friedersdorf?
31. December 2013 at 20:34
“Many Latvians have been opposed to adopting the euro, arguing that it could lead to a spike in inflation.”
http://money.cnn.com/2013/12/31/investing/latvia-euro-europe/
31. December 2013 at 21:04
First job as new EconbLogger – responding to the new EconTalk with Richard Fisher, who is now on the FOMC:
“And just to be clear, I was against cutting interest rates to zero, because the question is what bullets do you fire next?”
Sound logic.
http://www.econtalk.org/archives/2013/12/richard_fisher.html
It’s interesting how Fisher believes in the potency of monetary policy, but only with tremendous lags. He does think that the problem right now is insufficient demand, but sees the Fed as largely powerless to do anything about it – while also worrying that it will precipitate hyperinflation in the future. Such are the troubles of seeing monetary policy through the lens of interest rates.
Seems like a guy who could be reasoned with, though.
1. January 2014 at 07:54
Congratulations! Happy New Year and new adventure. Sounds like something that is meaningful to you and is well deserved.
1. January 2014 at 11:18
Thanks everyone.
Mark, Thanks, I’ll do a post–probably Friday.
Saturos, Latvians worried about inflation?
Fisher always makes me scratch my head.
1. January 2014 at 12:04
The comment policy at TA isn’t the problem,TallDave. It’s definity you. Your opinions masquerading as facts won’t get you far.
TA has definitely improved since McArdls left, too. For every solid post of hers, we get three absurd ones.
1. January 2014 at 12:16
Breaks, They don’t allow opinions in the comment section? What’s left?
1. January 2014 at 12:17
‘What is Mike Konczal smoking?’
Sour grape leaves.
1. January 2014 at 12:23
That’s not it at all, SS. It’s that when your entire argument is built around “facts” that are really opinions, and questionable ones at that, you can’t get pissy when people don’t respect it.
1. January 2014 at 13:41
Breaks, One doesn’t have to respect his opinion, just allow him to have a say. I think your arguments are silly, but I don’t censor you.
1. January 2014 at 14:01
breaks — My posts were often the top-rated. The problem is people who are afraid of facts.
1. January 2014 at 14:04
Saturos — there are probably only a half-dozen really interesting writers on the web, at least in terms of what I have time for.
1. January 2014 at 17:22
Scott, one word: crosspost!
1. January 2014 at 19:27
Just what a libertarian oriented economics blog needs: More monetary socialism.
2. January 2014 at 04:22
Scott: Latvians worried about inflation?
Yes, the same was happening when we adopted Euro in Slovakia. The basic idea is that adopting Euro in eastern economies that are expected to converge to the western productivity kills exchange rate channel for convergence. Which leaves us only with increases in nominal incomes to balance things out, which will of course also spur higher inflation compared with situation where nominal income would be paired with strengthening of domestic currency.
It is basically what happened with Spain before recession – they had a period of above average inflation (compared to other Eurozone countries like Gemrany). The sad thing is that people are more afraid of “inflation” and they are less afraid of the need of deflation when proverbial excrement hits the fan and demand collapses. Consider it another testament of misinterpretation of what inflation means to economists vs people reading news.
2. January 2014 at 06:39
Kurt, I will put up a link to my posts over there.
JV, Yes, but the same occurs with a peg, and the Latvians certainly don’t plan to appreciate their currency.