From https://www.elibrary.imf.org/view/journals/023/0031/006/article-A005-en.xml
Your work on the US found that productivity shocks explain most of the cyclical fluctuations the economy has experienced. Does this finding have any bearing on the nature of public policy?
17 Jan 2022 Leave a comment
in business cycles, economic history, economics of regulation, Edward Prescott, growth miracles, labour economics, labour supply, macroeconomics, monetary economics, public economics
Economic Growth in the Long Run: Artificial Intelligence Explosion or an Empty Planet? Ben Jones & Chad Jones
27 Nov 2021 Leave a comment
in applied price theory, applied welfare economics, behavioural economics, comparative institutional analysis, development economics, discrimination, economic growth, economic history, economics of education, economics of regulation, entrepreneurship, gender, growth disasters, growth miracles, history of economic thought, human capital, industrial organisation, labour economics, labour supply, law and economics, macroeconomics, occupational choice, population economics, poverty and inequality, property rights, public economics, survivor principle Tags: creative destruction, economics of fertility, endogenous growth theory
Re-Absorbing East Germany After the Fall of the Berlin Wall
25 Nov 2021 Leave a comment
in comparative institutional analysis, constitutional political economy, defence economics, development economics, economic history, growth disasters, growth miracles, history of economic thought, human capital, income redistribution, industrial organisation, international economic law, international economics, International law, labour economics, labour supply, law and economics, liberalism, Marxist economics, occupational choice, poverty and inequality, property rights, Public Choice, survivor principle, war and peace Tags: Berlin wall, East Germany, fall of communism, Nazi Germany, World War II
Kowloon Walled City: Hong Kong’s City of Darkness
24 Nov 2021 Leave a comment
in comparative institutional analysis, development economics, economic history, economics of bureaucracy, economics of crime, growth disasters, growth miracles, International law, law and economics, property rights, Public Choice, war and peace Tags: Hong Kong
Prescott on real business cycle theory’s successes
17 Nov 2021 Leave a comment
in business cycles, development economics, economic growth, growth miracles, macroeconomics, monetary economics
Edward C. Prescott 2015 Nov 11. Video – Edward C. Prescott (2014) – The Revolution in Aggregate Economics https://www.mediatheque.lindau-nobel.org/videos/33975/edward-prescott/laureate-prescott Accessed 2021 Nov 15.
The importance of not having dumb policy regimes
06 Nov 2021 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, development economics, economic history, economics of bureaucracy, economics of regulation, entrepreneurship, growth disasters, growth miracles, history of economic thought, income redistribution, industrial organisation, international economic law, international economics, labour economics, Public Choice, rentseeking, survivor principle Tags: The Great Enrichment
I usually stop reading at the first mention of the @UN
02 Nov 2021 Leave a comment
in applied price theory, development economics, economic growth, economics of bureaucracy, entrepreneurship, growth disasters, growth miracles, income redistribution, industrial organisation, international economics, macroeconomics, Marxist economics, Public Choice, public economics, rentseeking Tags: capitalism and freedom, The Great Enrichment, top 1%
A Million Mutinies: The key to economic development |Robert Lucas 2001
02 Nov 2021 Leave a comment
in applied price theory, comparative institutional analysis, development economics, economic growth, economic history, economics of bureaucracy, economics of education, entrepreneurship, growth disasters, growth miracles, history of economic thought, human capital, income redistribution, industrial organisation, labour economics, labour supply, law and economics, macroeconomics, occupational choice, poverty and inequality, property rights, Public Choice, public economics, rentseeking, Robert E. Lucas, unemployment Tags: economics of immigration, The Great Enrichment
Richard Tol argues that – cost wise – emission reduction can be modest
31 Oct 2021 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, development economics, econometerics, economic history, energy economics, environmental economics, global warming, growth disasters, growth miracles Tags: carbon tax, carbon trading
What was the industrial revolution?
28 Oct 2021 Leave a comment
in applied price theory, comparative institutional analysis, development economics, economic growth, economic history, economics of education, economics of regulation, entrepreneurship, growth disasters, growth miracles, history of economic thought, human capital, industrial organisation, international economics, labour economics, labour supply, macroeconomics, occupational choice, poverty and inequality, Robert E. Lucas Tags: economics of fertility, industrial revolution, The Great Enrichment
What Was the Industrial Revolution?
27 Oct 2021 Leave a comment
in development economics, economic growth, economic history, economics of education, financial economics, growth disasters, growth miracles, history of economic thought, human capital, industrial organisation, labour economics, labour supply, macroeconomics, occupational choice, property rights, Robert E. Lucas Tags: Great Enrichment, industrial revolution
Finn E. Kydland’s (Nobel Laureate) Speech at the WHU – New Year’s Conference 17
27 Oct 2021 Leave a comment
in budget deficits, business cycles, development economics, econometerics, economic growth, economic history, economics of regulation, entrepreneurship, fiscal policy, global financial crisis (GFC), great recession, growth disasters, growth miracles, human capital, labour economics, labour supply, macroeconomics, monetary economics, poverty and inequality, Robert E. Lucas Tags: real business cycles
Lecture 5: Firm-level misallocation: benchmark model and early results
27 Oct 2021 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, development economics, economic growth, economic history, entrepreneurship, growth disasters, growth miracles, human capital, industrial organisation, labour economics, labour supply, macroeconomics, occupational choice, survivor principle
Utopia, you are standing in it! 
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