Nominal Thoughts

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Since you might be doing it wrong
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A Nominal Thoughts Special
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We care about consumption. A short piece.
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Stimulus cheques and enhanced unemployment benefits found in the CARES Act have re-ignited some discussion on the potential need and consequences of implementing a universal basic income. Stimulus cheques, a one time payment with some requirements, and enhanced unemployment…
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Reasoning from a Price Change w/ Extra Steps
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For the past two decades, monetary regimes have implicitly and explicitly targeted a low rate of inflation of ~2-4%. Targeting depreciation has led to…
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Yang's UBI Justifications UBI Everyone receives $X per year after taxes. So, Income = (1-t)*Pretax + UBI So, Andrew Yang cites a Roosevelt Institute as…
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Starting off a blog or using a story to segue into an economic topic always felt weird to me. Even what I just wrote seems out of place so I normally…
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Really, it's not
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Mainly for myself
In theory and in practice.
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