
From Lucas and Sargent’s After Keynesian Macroeconomics 1979
15 Aug 2018 Leave a comment
in budget deficits, business cycles, economic growth, great recession, history of economic thought, macroeconomics, monetary economics, Robert E. Lucas Tags: conjecture and refutation, Keynesian macroeconomics, stagflation, Thomas Sargent

The Queen didn’t ask Keynesians about not predicting the 1970s stagflation, a phenomenon their macroeconomics strictly forbade
15 Aug 2018 2 Comments
in budget deficits, business cycles, economic growth, economic history, fiscal policy, global financial crisis (GFC), great recession, history of economic thought, macroeconomics, monetary economics Tags: conjecture and refutation, Keynesian macroeconomics, stagflation

Source: Kehoe, Midrigan and Pastorino 2018.
The History of Austrian Economics, Part 1 | Dr. Israel Kirzner
13 Aug 2018 Leave a comment
in Austrian economics, history of economic thought, Israel Kirzner
Labour Theory of Value and the Subjectivist Theory of Value (I. Kirzner)
12 Aug 2018 Leave a comment
in applied price theory, Austrian economics, entrepreneurship, history of economic thought, Israel Kirzner, Marxist economics Tags: labour theory of value
Declan Trott debunking debunker @ProfSteveKeen
08 Aug 2018 Leave a comment
in applied price theory, economics of information, economics of regulation, financial economics, history of economic thought, labour economics Tags: monetary cranks

Bruce Caldwell – The Road to Serfdom
07 Aug 2018 Leave a comment
in applied price theory, Austrian economics, comparative institutional analysis, constitutional political economy, economics of bureaucracy, economics of regulation, F.A. Hayek, history of economic thought, law and economics, property rights, Public Choice Tags: economics of central planning
New Keynesian macroeconomics isn’t a progressive research programme
06 Aug 2018 Leave a comment
in budget deficits, business cycles, economic growth, fiscal policy, great depression, history of economic thought, macroeconomics, monetarism, monetary economics, Robert E. Lucas Tags: New Keynesian macroeconomics

Nancy MacLean: The GOP’s Long Game |also #OTD 3rd US libertarian elected (a town mayor)
05 Aug 2018 Leave a comment
in comparative institutional analysis, constitutional political economy, economic history, economics of bureaucracy, history of economic thought, James Buchanan, James Buchanan, liberalism, libertarianism, politics - USA, Public Choice, rentseeking Tags: conspiracy theories, regressive left
James Buchanan couldn’t lead a political revolution because he was such a dry writer and boring speaker.
18 signs you’re reading bad criticism of economics by @Chris_Auld
30 Jul 2018 Leave a comment
in applied price theory, applied welfare economics, financial economics, history of economic thought, macroeconomics
Thomas Sowell and a Conflict of Visions
12 Jul 2018 Leave a comment
in applied price theory, development economics, economic history, economics of education, economics of media and culture, economics of regulation, history of economic thought Tags: Thomas Sowell
Stigler explains how intellectuals and consultants ply their policy trade honestly
28 Jun 2018 Leave a comment
in comparative institutional analysis, constitutional political economy, economics of bureaucracy, economics of education, economics of media and culture, economics of regulation, George Stigler, history of economic thought, human capital, industrial organisation, labour economics, occupational choice, Public Choice, public economics, rentseeking, survivor principle Tags: consultants, job sorting, public intellectuals





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