Why You Can’t Be Fired in China If You Have This Stamp
18 Apr 2022 Leave a comment
in development economics, economic history, economics of crime, growth miracles, law and economics, property rights Tags: China
He wasn’t given any chance of making it alive
15 Apr 2022 Leave a comment
in economic history, transport economics Tags: cranks, superstars

Climate Change Is NOT An Emergency
14 Apr 2022 Leave a comment
in applied welfare economics, comparative institutional analysis, development economics, economic history, energy economics, environmental economics, global warming Tags: climate alarmism
The Toledo War: When Ohio and Michigan Went to War and Wisconsin Lost
14 Apr 2022 Leave a comment
in economic history, law and economics
Israel 1983: A bout of unpleasant monetarist arithmetic
13 Apr 2022 Leave a comment
in applied price theory, budget deficits, economic history, financial economics, fiscal policy, macroeconomics, monetarism, monetary economics Tags: hyperinflation
Thomas Sargent pioneered the fiscal theory of the price level by studying both the end of hyper-inflations and moderate inflations
07 Apr 2022 Leave a comment
in budget deficits, business cycles, economic history, fiscal policy, history of economic thought, macroeconomics, monetarism, monetary economics

From Stopping Moderate Inflations: The Methods of Poincaré and Thatcher (1982) by Thomas Sargent
Tutino and Zarazaga on why the fiscal theory of the price level is so compelling! Quantity theory struggles to explain the sudden end of hyperinflations and the failure of previous stabilisation attempts
05 Apr 2022 Leave a comment
in economic history, history of economic thought, macroeconomics, monetarism, monetary economics, unemployment
If skilled labour is being kept out of the workplace for unreasonable reasons then that’s an opportunity for someone else to gain that labour on the cheap. Which is exactly what Dame Steve Shirley did
05 Apr 2022 Leave a comment
in applied price theory, discrimination, economic history, entrepreneurship, gender, human capital, industrial organisation, labour economics, labour supply, occupational choice, survivor principle Tags: entrepreneurial alertness, offsetting behaviour, sex discrimination, unintended consequences
Friedman and the process of inflation
28 Mar 2022 Leave a comment
in Armen Alchian, economic history, macroeconomics, Milton Friedman, monetarism, monetary economics


Lutz Kilian on OPEC
28 Mar 2022 Leave a comment
in applied price theory, economic history, energy economics, industrial organisation Tags: cartels

Countries That Don’t Have An Army
25 Mar 2022 Leave a comment
in defence economics, economic history



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