The fiscal theory of the price level at work

21 Apr 2022 Leave a comment

Image by Jim Rose

Our Future Together: How Immigrants Will Reshape Our Workforce

20 Apr 2022 Leave a comment

by Jim Rose in applied price theory, discrimination, economic history, entrepreneurship, human capital, labour economics, labour supply, occupational choice, poverty and inequality Tags:

David Friedman on Modern Economics, Austrian Economics, and Uncertainty

20 Apr 2022 Leave a comment

by Jim Rose in Alfred Marshall, applied price theory, applied welfare economics, Austrian economics, comparative institutional analysis, David Friedman, economic history, economics of climate change, environmental economics, F.A. Hayek, global warming, Gordon Tullock, history of economic thought, industrial organisation, James Buchanan, law and economics, liberalism, libertarianism, macroeconomics, Milton Friedman, monetary economics, Murray Rothbard, Public Choice, Ronald Coase, Ronald Coase, Ronald Coase

Bruce Smith is making me doubt the quantity theory of money

19 Apr 2022 Leave a comment

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Next Steps for the Fiscal Theory of the Price Level

18 Apr 2022 Leave a comment

by Jim Rose in budget deficits, economic history, fiscal policy, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics

From https://sites.google.com/view/margaretmjacobson/research

The quantity theory of money may not be as persuasive as in the past

18 Apr 2022 Leave a comment

From https://www.jstor.org/stable/135018

Image by Jim Rose

Why You Can’t Be Fired in China If You Have This Stamp

18 Apr 2022 Leave a comment

by Jim Rose in development economics, economic history, economics of crime, growth miracles, law and economics, property rights Tags:

He wasn’t given any chance of making it alive

15 Apr 2022 Leave a comment

by Jim Rose in economic history, transport economics Tags: ,

Climate Change Is NOT An Emergency

14 Apr 2022 Leave a comment

by Jim Rose in applied welfare economics, comparative institutional analysis, development economics, economic history, energy economics, environmental economics, global warming Tags:

The Toledo War: When Ohio and Michigan Went to War and Wisconsin Lost

14 Apr 2022 Leave a comment

by Jim Rose in economic history, law and economics

Israel 1983: A bout of unpleasant monetarist arithmetic

13 Apr 2022 Leave a comment

by Jim Rose in applied price theory, budget deficits, economic history, financial economics, fiscal policy, macroeconomics, monetarism, monetary economics Tags:

From https://www.sciencedirect.com/science/article/abs/pii/S1094202511000147

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

by Jim Rose 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

by Jim Rose in economic history, history of economic thought, macroeconomics, monetarism, monetary economics, unemployment

From https://www.dallasfed.org/~/media/documents/research/eclett/2014/el1406.pdf

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

by Jim Rose in applied price theory, discrimination, economic history, entrepreneurship, gender, human capital, industrial organisation, labour economics, labour supply, occupational choice, survivor principle Tags: , , ,

Chocolate: A History

02 Apr 2022 Leave a comment

by Jim Rose in economic history

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