they might be giants

This blog post accompanies the SDPB Monday Macro segment that aired Wednesday, January 8. Click here to listen; the segment begins the SDPB program, In the Moment. Last weekend, I visited San Francisco to attend the annual three-day meeting of the American Economic Association (AEA), which meets in conjunction with 66 associations in allied disciplines known […]

ready player one

This blog post accompanies the SDPB Monday Macro segment recorded on Friday, October 11 and scheduled to air on Tuesday, October 15, 2024. Link to the segment, which begins about a minute into the broadcast. We have gamified monetary policy, or so it seems. Schooled readers know I am fond of a quarter-century-old quip by […]

exorbitant privilege

This blog post accompanies the SDPB Monday Macro segment that airs on Monday, April 29, 2024. Click here to listen to the show, which begins at minute 21:30. For more macroeconomic analysis, follow J. M. Santos on Twitter @NSMEdirector. In the global financial system, the U.S. dollar enjoys an exorbitant privilege, or so say the […]