
Sowell (1983) on racial discrimination and the groups that get ahead
29 Feb 2020 Leave a comment
in applied price theory, discrimination, economic history, economics of bureaucracy, economics of crime, economics of education, economics of regulation, human capital, income redistribution, labour economics, labour supply, law and economics, occupational choice, politics - USA, poverty and inequality, property rights, Public Choice, public economics, rentseeking, Thomas Sowell, unemployment, urban economics, welfare reform Tags: political correctness, racial discrimination, regressive left, The fatal conceit
New classical macroeconomics and real business cycle theory are different macroeconomic schools
28 Feb 2020 Leave a comment

Creative destruction
28 Feb 2020 Leave a comment
in development economics, economic history, economics of education, entrepreneurship, growth disasters, growth miracles, human capital, industrial organisation, labour economics, labour supply, occupational choice, theory of the firm Tags: creative destruction, India

Caballero on the great safe collateral contraction
27 Feb 2020 Leave a comment
in budget deficits, business cycles, currency unions, economic growth, economic history, entrepreneurship, Euro crisis, financial economics, fiscal policy, global financial crisis (GFC), great recession, international economics, law and economics, macroeconomics, monetary economics, property rights, Public Choice Tags: adverse selection, asymmetric information, monetary policy, moral hazard, self-selection, sovereign debt crises, sovereign defaults

Does neoclassical macroeconomics rule out depressions?
27 Feb 2020 Leave a comment
in business cycles, econometerics, economic history, Edward Prescott, global financial crisis (GFC), great depression, great recession, history of economic thought, job search and matching, labour economics, labour supply, macroeconomics, monetary economics, politics - USA, public economics, Robert E. Lucas, unemployment, unions Tags: Keynesian macroeconomics, new classical macroeconomics, New Keynesian macroeconomics, real business cycle theory

Fama in full on fiscal policy
27 Feb 2020 Leave a comment
The History of Toilets
26 Feb 2020 1 Comment
in economic history, economics of media and culture, health economics
Speaking of fiscal fallacies
25 Feb 2020 Leave a comment
in business cycles, econometerics, economic history, fiscal policy, macroeconomics
How the Egyptians Built the Pyramids
25 Feb 2020 Leave a comment
in economic history, economics of education, economics of media and culture








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