2018, Global Financial Crisis @ 10, Valerie Ramey, “What Have We Learned…
01 Nov 2026 Leave a comment
in budget deficits, business cycles, econometerics, economic history, fiscal policy, global financial crisis (GFC), great recession, history of economic thought, macroeconomics
2018, Global Financial Crisis @ 10, Valerie Ramey, “What Have We Learned…
29 Oct 2026 Leave a comment
in budget deficits, business cycles, currency unions, econometerics, economic history, fiscal policy, global financial crisis (GFC), great recession, history of economic thought, macroeconomics, monetary economics
When Moochers Outnumber Producers, Can a Nation Be Salvaged?
27 Oct 2026 Leave a comment
in labour economics, development economics, Public Choice, macroeconomics, public economics, welfare reform, rentseeking, income redistribution, labour supply, economic history, fiscal policy, growth disasters, budget deficits
I periodically share data on the age-dependency ratio in various nations. That’s very important data. It helps to explain why young-to-old redistribution programs in many nations are becoming a recipe for fiscal crisis. But to fully understand the level of dependency in a country, you have to know the share of people who actually produce […]
When Moochers Outnumber Producers, Can a Nation Be Salvaged?
Brazil’s economic problems, in a nutshell
26 Oct 2026 Leave a comment
in budget deficits, development economics, economic growth, economic history, fiscal policy, growth disasters, labour economics, macroeconomics, welfare reform Tags: Brazil
It would take true Milei-like ardour to slice through Brazil’s economic troubles. These are caused by a gnarly mix of high public spending, stubborn inflation and low saving. The result is a crippling cost of capital. Some analysts put Brazil’s real interest rate, the BCB’s policy rate adjusted for next year’s expected inflation, at 9% or…
Brazil’s economic problems, in a nutshell
Will bystander economies be able to finance their governments?
24 Oct 2026 Leave a comment
in applied price theory, budget deficits, economic growth, entrepreneurship, fiscal policy, macroeconomics, Public Choice, public economics Tags: creative destruction
From Jesús Fernández-Villaverde: Will AI poison the public finances of many modern states? There is a real risk that it will. Yesterday, I circulated a new paper, “Saving for the Machines,” which makes a simple point. Building the AI transformation will require enormous investment. The only way to induce agents to save for that investment…
Will bystander economies be able to finance their governments?
Sargent on moderate inflations
11 Oct 2026 Leave a comment
in budget deficits, business cycles, economic history, fiscal policy, history of economic thought, inflation targeting, labour economics, macroeconomics, monetarism, monetary economics, unemployment Tags: monetary policy
Sargent on hyperinflation
07 Oct 2026 Leave a comment
in budget deficits, business cycles, economic history, fiscal policy, history of economic thought, macroeconomics, monetarism, monetary economics Tags: hyperinflation, monetary policy
Sargent on moderate inflations
04 Oct 2026 Leave a comment
in budget deficits, business cycles, economic history, fiscal policy, history of economic thought, labour economics, labour supply, macroeconomics, monetarism, monetary economics, unemployment Tags: monetary policy
Sargent on hyperinflation
02 Oct 2026 Leave a comment
in budget deficits, business cycles, economic history, fiscal policy, history of economic thought, labour economics, labour supply, macroeconomics, monetarism, monetary economics, unemployment Tags: hyperinflation, monetary policy
Friedman on fiscal policy
30 Sep 2026 Leave a comment
in budget deficits, business cycles, economic growth, fiscal policy, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics
Two AI summaries of @Dandolfa on deficient demand
26 Sep 2026 Leave a comment
in budget deficits, business cycles, fiscal policy, history of economic thought, job search and matching, labour economics, labour supply, macroeconomics, monetary economics, unemployment Tags: monetary policy
Scott Freeman’s textbook on the GFC
22 Sep 2026 Leave a comment
in applied price theory, budget deficits, business cycles, economic history, fiscal policy, global financial crisis (GFC), great depression, great recession, history of economic thought, labour economics, macroeconomics, monetarism, monetary economics, unemployment Tags: monetary policy
Bruce D. Smith on monetarism
18 Sep 2026 Leave a comment
in applied price theory, budget deficits, fiscal policy, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics Tags: monetary policy
Bruce D. Smith refutes the quantity theory
12 Sep 2026 Leave a comment
in applied price theory, budget deficits, economic history, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics Tags: quantity theory of money
Rethinking keynesian fiscal stimulus | LSE Event
31 Aug 2026 Leave a comment
in budget deficits, business cycles, econometerics, economic growth, economic history, global financial crisis (GFC), great recession, history of economic thought, labour economics, macroeconomics, public economics, unemployment
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