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Guest Post: Review of Walter Bagehot's Lombard Street
By Robert P. Baird of digital emunction When, back in March, the Bank of England announced that it was adopting a program of quantitative easing, The Economist reported the news with some trepidation. While recognizing that the threat of deflation was real and imminent, the magazine gave voice ...
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J. Bradford DeLong's Grasping Reality with All Eight Tentacles — ... Robert Baird: Review of Walter Bagehot's Lombard Street James Hamilton, Seth Pruitt, and Scott Borger: The market-perceived monetary policy rule ...

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