Inflection Point PODCAST: “Hexapodia” is þe Key Insight! XLVI: Þe One Where We Talk About Everything, wiþ Special Guest Miles Kimball
Key Insights:
* Yes, it is possible to talk about everything in an hour…
* We are not very far apart on what the Fed is doing and should be doing—there is only a 100 basis-point disagreement…
* Miles would be 100% right about the proper stance of monetary policy if he were in control of the Fed…
* Miles is not in control of the Fed…
* Thus Brad thinks that asymmetric risks strongly militate for pausing for six months, and then moving rapidly…
* Smart people need to think much more about how to increase love…
* Remember Robot Tarktil!
* Noah Smith’s mother is a good friend of “Murderbot” author Martha Wells…
* Hexapodia!!
References:
* Robert Barsky, Christopher House, & Miles Kimball: Sticky-Price Models and Durable Goods <https://www.aeaweb.org/articles?id=10.1257/aer.97.3.984>
* Daron Acemoglu & James Robinson: The Narrow Corridor <https://archive.org/details/TheNarrowCorridor/mode/1up>
* Mancur Olson: The Rise & Decline of Nations <https://archive.org/details/risedeclineofnat00olso/page/209/mode/2up>
* Thomas Hobbes: Leviathan <https://archive.org/details/leviathan00hobb_1>
* John Locke: Second Treatise of Government <https://archive.org/details/criticaleditionw0000unse>
* Edward Bellamy: Looking Backward <https://en.wikipedia.org/wiki/Looking_Backward>
* Robin Hanson: The Age of Em <https://en.wikipedia.org/wiki/The_Age_of_Em>
* Ruchir Agarwal & Miles Kimball: The Future of Inflation”: in Finance & Development <https://blog.supplysideliberal.com/post/2022/4/7/the-future-of-inflationruchir-agarwal-and-miles-kimball>; IMF Podcasts <https://blog.supplysideliberal.com/post/2022/4/14/imf-podcast-ruchir-agarwal-and-miles-kimball-on-negative-interest-rates-and-inflation>
* Miles Kimball: Bibliographic Post on Negative Interest Rate Policy: "How and Why to Eliminate the Zero Lower Bound: A Reader’s Guide” <https://blog.supplysideliberal.com/emoney>
* Miles Kimball: How a Toolkit Lacking a Full Strength Negative Interest Rate Option Led to the Current Inflationary Surge <https://blog.supplysideliberal.com/post/2022/9/5/how-a-toolkit-lacking-a-full-strength-negative-interest-rate-option-led-to-the-current-inflationary-surge>;
* Miles Kimball: How Having Negative Interest Rate Policy in Its Toolkit Would Make the Fed Braver in Confronting Inflation with Needed Rate Hikes—A Tweetstorm” <https://blog.supplysideliberal.com/post/2022/12/28/how-having-negative-interest-rate-policy-in-its-toolkit-would-make-the-fed-braver-in-confronting-inflation-with-needed-rate-hikesa-tweetstorm>
* Miles Kimball: Brad DeLong Confirms that Not Having Negative Interest Rate Policy in the Monetary Policy Toolkit Makes People Afraid of Vigorous Rate Hikes to Control Inflation” <https://blog.supplysideliberal.com/post/2022/10/1/brad-delong-confirms-that-not-having-negative-interest-rate-policy-in-the-monetary-policy-toolkit-makes-people-afraid-of-vigorous-rate-hikes-to-control-inflation>;
* Miles Kimball: Serious silliness:
* Miles Kimball: On the Fed’s 3/4% hikes:
* Miles Kimball: ”Next Generation Monetary Policy” <https://blog.supplysideliberal.com/post/2017/2/1/next-generation-monetary-policy>
* Miles Kimball: Tweetstorm of Favorite Passages from Noah Smith's Review of Brad DeLong's book Slouching Towards Utopia <https://blog.supplysideliberal.com/post/2022/12/12/miless-tweetstorm-of-favorite-passages-from-noah-smiths-review-of-brad-delongs-book-slouching-towards-utopia>
* Miles Kimball: On the Age of Em <https://blog.supplysideliberal.com/post/2019/8/18/on-being-a-copy-of-someones-mind> <https://blog.supplysideliberal.com/post/2019/9/29/will-your-uploaded-mind-still-be-youmichael-graziano> <https://blog.supplysideliberal.com/post/2020/7/5/space-travel-and-uploaded-humans> <https://blog.supplysideliberal.com/post/2020/8/2/consensual-non-solipsistic-experience-machines> <https://blog.supplysideliberal.com/post/2020/9/13/embodiment>
* Miles Kimball: On Consciousness <https://blog.supplysideliberal.com/post/94309255267/the-mystery-of-consciousness> <https://blog.supplysideliberal.com/post/2019/8/4/on-the-effability-of-the-ineffable> <https://blog.supplysideliberal.com/post/2019/12/22/christof-koch-will-machines-ever-become-conscious> <https://blog.supplysideliberal.com/post/39212472423/cyborgian-immortality> <https://blog.supplysideliberal.com/post/2020/2/2/frank-wilczek-are-we-living-in-a-simulated-world> <https://blog.supplysideliberal.com/post/2019/10/27/the-virtuality-reality-theory-of-dualism>
* Miles Kimball: The Decline of Drudgery and the Paradox of Hard Work <https://www.nber.org/papers/w29041>
* Miles Kimball: The Potential of a National Well-Being Index <https://blog.supplysideliberal.com/post/2021/12/16/podcast-miles-kimball-on-the-potential-of-a-national-well-being-index> <https://blog.supplysideliberal.com/post/47017089094/quartz-8-judging-the-nations-wealth-and> <https://blog.supplysideliberal.com/post/2017/7/10/why-gdp-can-grow-forever>
* Miles Kimball: My Experiences with Gary Becker <https://blog.supplysideliberal.com/post/84824118992/my-experiences-with-gary-becker> <https://anderson-review.ucla.edu/the-unhappy-quest-for-a-happiness-index/>
* Miles Kimball: Benjamin Franklin's Strategy to Make the US a Superpower Worked Once, Why Not Try It Again? <https://blog.supplysideliberal.com/post/60999482427/quartz-28-benjamin-franklins-strategy-to-make>
* Miles Kimball: Life Coaching <https://blog.supplysideliberal.com/post/2020/9/10/how-economists-can-enhance-their-scientific-creativity-impact-and-engagement> <https://blog.supplysideliberal.com/post/2020/10/19/testimonials-for-positive-intelligence-1>
* Miles Kimball: Odious Wealth <https://blog.supplysideliberal.com/post/93469513195/quartz-50-odious-wealth-the-outrage-is-not-so>
* Miles Kimball: Oren Cass on the Value of Work <https://blog.supplysideliberal.com/post/2018/12/6/oren-cass-on-the-value-of-work-2>
* Miles Kimball: Janet Yellen is Hardly a Dove—She Knows the US Economy Needs Some Unemployment <https://blog.supplysideliberal.com/post/63725670856/janet-yellen-is-hardly-a-dove-she-knows-the-us>
* Miles Kimball: How and Why to Expand the Nonprofit Sector: A Reader’s Guide <https://blog.supplysideliberal.com/post/133246182760/how-and-why-to-expand-the-nonprofit-sector-as-a>
* Miles Kimball: On John Locke's Second Treatise <https://blog.supplysideliberal.com/post/2019/10/20/miles-kimball-on-john-lockes-second-treatise>
+, of course:
* Vernor Vinge: A Fire Upon the Deep <https://archive.org/details/fireupondeep00ving_0/mode/1up>
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