Happy birthday Bob!

Today is the day. July 3 2014. Robert Hetzel is turning 70 today. Happy birthday Bob! I hope you will have a great day with your wife Mary and the rest of your family.

To quote myself:

Bob has been a great inspiration to me since the early 1990s and he is undoubtedly one of the economists who have had the greatest influence on my own thinking about monetary matters. Equally important today is that I am very happy to say that Bob is not only a professional inspiration. I am also proud to call Bob my friend.

And yes I write quite a bit about Bob’s contribution to monetary theory and the plan is certainly that I will continue to do that in the future. I will continue my series on Bob’s contributions in the coming weeks, but for now have a look at what I have already written about him over the last couple of years.

This is a list of Hetzel related blog posts:

The Fisher-Hetzel Standard: A much improved “gold standard”
Bob Hetzel’s great idea
Celebrating Robert Hetzel at 70
The ECB should give Bob Hetzel a call
Forget about Yellen or Summers – it should be Chuck Norris or Bob Hetzel
Bob Hetzel speaking at CEPOS
The Hetzel-Ireland Synthesis
The eagle has landed – Bob Hetzel visits Denmark
If you want to know about the Great Recession read Robert Hetzel
Firefighter Arsonists – the myth of the central bankers as ‘good’ crisis managers
A few words that would help Kuroda hit his target
Imagine the FOMC had listened to Al Broaddus in 2003
Monetary disorder – not animal spirits – caused the Great Recession
The cheapest and most effective firewall in the world
Buy “The Great Recession: Market Failure or Policy Failure”
Guess what Greenspan said on November 17 1992

And here is a cartoon for you Bob. I am sure you will enjoy it.


PS Doug Irwin was kind enough to send me the cartoon. It is from New York Times in 1970. I hope there is no copyright issue, but after all this is a kind of birthday present to Bob so I will have to risk it. After all Milton used to be Bob’s (favorite) teacher at the University of Chicago. 

PPS This is me in London yesterday being interviewed about the ECB. And yes it is very Hetzelian.



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1 Comment

  1. The un-anchoring of inflation expectations – 1970s style monetary policy, but now with deflation | The Market Monetarist

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