Ben Southwood at the Adam Smith Institute posted this video of George Selgin giving a talk about deflation due to productivity. It’s about an hour long and sounds like a twist on NGDP targeting. I like the idea, although nearly anything would be better than what we have now.
Video: George Selgin “Could deflation be Salvation?” talk @ the Adam Smith Institute May 28, 2013
01 Feb 2015 Leave a comment
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