Does Fractional Reserve Banking Endanger the Economy? A Debate
02 Mar 2020 Leave a comment
in applied price theory, Austrian economics, business cycles, comparative institutional analysis, economic history, economics of information, economics of regulation, law and economics, macroeconomics, monetary economics, property rights Tags: economics of banking, monetary policy
Henry Ford had 450 employees in 1908!
01 Mar 2020 Leave a comment
in economic history, entrepreneurship, health and safety, human capital, industrial organisation, labour economics, labour supply, managerial economics, occupational choice, organisational economics, personnel economics, survivor principle Tags: creative destruction
Canny summary of Sowell
29 Feb 2020 1 Comment
in discrimination, economic history, human capital, labour economics, labour supply, law and economics, occupational choice, poverty and inequality, Thomas Sowell Tags: racial discrimination, The fatal conceit
Does GDP growth overstate progress?
29 Feb 2020 Leave a comment
in development economics, econometerics, economic history, Gary Becker, growth disasters, growth miracles, health economics Tags: The Great Enrichment, The Great Escape
From Health, Politics, and Revolution in Cuba Since 1898
29 Feb 2020 Leave a comment
in comparative institutional analysis, constitutional political economy, development economics, economic history, economics of bureaucracy, growth disasters, health economics, law and economics, Marxist economics, Public Choice Tags: Cuba
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
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