Scott Fullwiler
Scott Fullwiler's Latest Articles | 5
What If the Government Just Prints Money?
As Congress gets set in the near future to consider raising the debt ceiling yet again, my fellow blogger L. Randall Wray creatively suggests not raising the debt... Read »
The Sector Financial Balances Model of Aggregate Demand
Paul Krugman’s recent post indicates that perhaps those of us taking a stock-flow consistent approach to macroeconomics may be making some headway. My fellow blogger,... Read »
Understanding the Excess Reserve Tax
My previous post critiquing Scott Sumner’s (and others’) proposal for negative nominal interest rates brought a most welcome response from Prof. Sumner... Read »
Why Negative Nominal Interest Rates Miss the Point
Willem Buiter, Greg Mankiw, and Scott Sumner have all recently proposed negative nominal interest rates on reserves or currency as a way to stimulate consumer spending... Read »
Loans, Asset Purchases, and Exit Strategies: Why the WSJ Doesn’t Understand the Fed’s Operations
Some may have noticed a few weeks ago when the European Central Bank – the counterpart to the Federal Reserve in the Eurozone – conducted a one-day operation... Read »






