When will #COVID19 job support cross into the zombie quagmire?

25 Oct 2021 Leave a comment

by Jim Rose in budget deficits, business cycles, economic history, history of economic thought, income redistribution, industrial organisation, labour economics, macroeconomics, monetary economics, survivor principle, unemployment Tags: , ,

Minimum wages kill opportunity

25 Oct 2021 Leave a comment

by Jim Rose in applied price theory, income redistribution, industrial organisation, labour economics, minimum wage, personnel economics, Public Choice, rentseeking, survivor principle, unemployment

John Cochrane on crises and the severity of recessions

25 Oct 2021 Leave a comment

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Ohanian (2000) on the New Deal

25 Oct 2021 Leave a comment

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Lucas (1995) on monetary contractions

24 Oct 2021 Leave a comment

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The Macroeconomic Consequences of Infrastructure Investment

22 Oct 2021 Leave a comment

by Jim Rose in applied price theory, budget deficits, business cycles, econometerics, economic growth, fiscal policy, labour economics, labour supply, macroeconomics, monetary economics, unemployment Tags:

Lucas on macroeconomic revolutions

22 Oct 2021 Leave a comment

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Prescott on monetary policy

21 Oct 2021 Leave a comment

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Kehoe and Prescott on depressions are not alike

19 Oct 2021 Leave a comment

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Hayek Lecture 2011: Robert Barro on ‘Fiscal-Stimulus Packages’

18 Oct 2021 Leave a comment

by Jim Rose in applied price theory, Austrian economics, budget deficits, business cycles, econometerics, economic growth, economic history, economics of bureaucracy, Euro crisis, F.A. Hayek, fiscal policy, global financial crisis (GFC), great depression, great recession, history of economic thought, inflation targeting, job search and matching, labour economics, labour supply, macroeconomics, monetarism, monetary economics, Public Choice, unemployment

Ohanian (2000) on the ultimate question

17 Oct 2021 Leave a comment

by Jim Rose in business cycles, economic history, great depression, history of economic thought, labour economics, macroeconomics, Milton Friedman, monetarism, monetary economics, unemployment

Robert Lucas 1995

15 Oct 2021 Leave a comment

by Jim Rose in business cycles, econometerics, economic growth, economic history, great depression, history of economic thought, labour economics, macroeconomics, Milton Friedman, monetarism, monetary economics, Robert E. Lucas, unemployment Tags:

Bryan Caplan on why most pay gaps are zero

14 Oct 2021 Leave a comment

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News-driven business cycle theory is promising

13 Oct 2021 Leave a comment

by Jim Rose in applied price theory, business cycles, economic growth, economics of information, entrepreneurship, financial economics, history of economic thought, industrial organisation, labour economics, labour supply, macroeconomics, monetary economics, survivor principle, unemployment Tags:

On Keynesian macroeconomic policy

12 Oct 2021 Leave a comment

by Jim Rose in business cycles, economic history, fiscal policy, labour economics, macroeconomics, Milton Friedman, monetarism, monetary economics, Robert E. Lucas, unemployment Tags:

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Uneasy Money

Commentary on monetary policy in the spirit of R. G. Hawtrey

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NOT A LOT OF PEOPLE KNOW THAT

“We do not believe any group of men adequate enough or wise enough to operate without scrutiny or without criticism. We know that the only way to avoid error is to detect it, that the only way to detect it is to be free to inquire. We know that in secrecy error undetected will flourish and subvert”. - J Robert Oppenheimer.