Hamas Attack on Israel 2018
13 Nov 2018 Leave a comment
in defence economics, economics of crime, law and economics, war and peace Tags: Gaza Strip, Hamas, Israel
Central planning on steroids
13 Nov 2018 Leave a comment
in economics of education, human capital, labour economics, Marxist economics, occupational choice Tags: China, economics of central planning, The fatal conceit, The pretence to knowledge
Much Ado about Pigou ….and other defunct economists
13 Nov 2018 Leave a comment
I wanted to write on these two profile together – Schumpeter and Pigou. But Schumpeter one became too long so had to write a fresh post on Pigou.
Bruce Yandle of Clemson University has a nice profile of Pigou. He starts pretty nicely:
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Milton Friedman’s presidential address at 50: One of the defining moments in history of macroeconomics…
13 Nov 2018 Leave a comment
The year 2018 marks the 50 years of the celebrated and much talked about lecture given by Milton Friedman: The role of monetary policy. It is seen as one of those key moments in history of macroeconomics where Friedman questioned the trade-off between inflation and unemployment as espoused in Philips curve.
It is rather odd to see a journal – Review of Keynesian economics – to dedicate an entire issue on the 50th anniversary.
Milton Friedman’s American Economic Association (AEA) presidential address, ‘The role of monetary policy,’ was published 50 years ago in the 1968 Papers and Proceedings issue of the American Economic Review. Friedman’s influence as an economist is undeniable and he is widely viewed, together with John Maynard Keynes, as the most important macroeconomist of the twentieth century. His contributions were extensive but, in our view, his AEA address has been the most influential.
In that…
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How Kubrick Achieved the Beautiful Cinematography of Barry Lyndon
13 Nov 2018 Leave a comment
in movies
What It’s Like Being an Extrovert – Ultra Spiritual Life episode 134
13 Nov 2018 Leave a comment
in economics of media and culture
Does Post-Keynesian macroeconomics strictly forbid shadow banking’s major role in the GFC? @ProfSteveKeen
13 Nov 2018 Leave a comment
in business cycles, global financial crisis (GFC), macroeconomics, monetary economics Tags: Post-Keynesian macroeconomics
Utopia, you are standing in it! 
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