Monday, March 21, 2011

New Blog From New York Federal Reserve Bank: Liberty Street Economics

New York Fed reports:
On behalf of the Research and Statistics Group of the Federal Reserve Bank of New York, we welcome you to our new blog, Liberty Street Economics, named after the street where the New York Fed is located. We have created this blog to augment our existing publications by providing a way for our economists to engage with the public about economic issues quickly and frequently. Further, the less technical style that we are striving for in the blog posts should make the insights from our research informative to a broader audience.

You should expect to see posts on diverse issues and from a wide variety of perspectives. We will feature the work of the more than sixty economists in the Research and Statistics Group. This staff of active researchers supports Fed policymaking by providing analytical insight into a range of public policy issues and pursuing research on fundamental questions in economics and finance. In the course of their work here, economists develop expertise on a wide range of economic issues: international economics, asset pricing, corporate finance, banking, macroeconomics, monetary economics, fiscal policy, industrial organization, microeconomics, survey techniques, regional economics, and more. We believe that the blog is an effective medium for meeting our responsibility to share our analysis with you in an accessible and timely way.

Liberty Street Economics will also publish your comments and our responses in the hope of generating valuable dialogues. Like most bloggers, we will place some restrictions on the comments that we publish (see the Comment Guidelines in the left column), and because each comment will be reviewed by our staff, we will impose a twenty-four-hour deadline for the submission of comments on each post. The author(s) of the post will then provide a response to the posted comments within an additional twenty-four hours. We think that these parameters will allow for meaningful interactions, and we will review these policies as we gain more experience.
The New York Fed goes populist kind of. Ron Paul and the Mises Institute must really be getting under someone's skin.