David Levine on Keynes
12 Apr 2020 Leave a comment
in budget deficits, business cycles, fiscal policy, history of economic thought, labour supply, macroeconomics, unemployment
Tom Sargent on fiscal and monetary policy
11 Apr 2020 Leave a comment
in budget deficits, business cycles, economic growth, fiscal policy, job search and matching, labour economics, labour supply, macroeconomics, monetary economics, public economics, unemployment
Finn Kyland on Ireland
31 Mar 2020 Leave a comment
in budget deficits, business cycles, comparative institutional analysis, economic growth, economics of regulation, financial economics, macroeconomics, Public Choice, rentseeking, unemployment
Australia rocketed out of the depression after the Premier’s Plan! NZ did too after cutting everything that could be cut by 20% in 1931
31 Mar 2020 1 Comment
in budget deficits, business cycles, economic history, fiscal policy, great depression, macroeconomics
The 1931 massive fiscal contraction should have slowed the NZ recovery if Keynesian macroeconomics is worth more than a grain of salt
31 Mar 2020 7 Comments
in budget deficits, business cycles, economic history, fiscal policy, great depression, labour economics, labour supply, macroeconomics, monetary economics, public economics, unemployment Tags: Keynesian macroeconomics, new classical macroeconomics, New Keynesian macroeconomics, New Zealand
Determining the Value of Money: Next Steps for the Fiscal Theory of the Price Level
29 Mar 2020 Leave a comment
in budget deficits, business cycles, economic history, financial economics, fiscal policy, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics, Robert E. Lucas Tags: monetary policy
Fama: Stimulus plans only enhance future incomes when they move current resources from less productive private uses to more productive government uses
28 Mar 2020 1 Comment
in budget deficits, fiscal policy, macroeconomics
When is a fiscal stimulus a positive productivity shock?
26 Mar 2020 Leave a comment
in budget deficits, business cycles, fiscal policy, macroeconomics, public economics
Edward Prescott on the #GFC
24 Mar 2020 Leave a comment
in budget deficits, business cycles, economic growth, Edward Prescott, fiscal policy, global financial crisis (GFC), great recession, labour economics, labour supply, macroeconomics, public economics Tags: real business cycle theory, taxation and entrepreneurship, taxation and investment, taxation and labour supply
Utopia, you are standing in it! 
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