Just a brief post to let you know that Mark Thoma and I are doing some guest posting this weekover at New Economist.

Perhaps the most interesting dimension is the amicable debate which Mark and I are having about the respective merits of the more activist Fed monetary policy and the rather more quietist approach of the ECB. Highly recommended are Mark’s posts here and here. Perhaps surprisingly, I tend to be more impressed with Greenspan and the Fed, while Mark finds a much more coherent policy from the ECB than I would be inclined to grant: is this an example of the grass on the other side of the fence always looking greener?