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>Start writing today. 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