
How monetary arithmetic undermines the quantity theory of money
13 Dec 2019 Leave a comment
in applied price theory, budget deficits, econometerics, economic history, economics of education, fiscal policy, macroeconomics, Milton Friedman, monetarism, monetary economics, Robert E. Lucas Tags: monetary policy

More on @paulkrugman forgetting the literature on self-fulfilling financial crises and speculative attacks
01 Dec 2019 Leave a comment

The day Minsky macroeconomics died! Instability can’t be fixed so easily?
23 Nov 2019 Leave a comment
in budget deficits, business cycles, economic history, Euro crisis, financial economics, global financial crisis (GFC), great depression, great recession, macroeconomics, monetarism, monetary economics, Public Choice Tags: asymmetric information, bank runs, banking panics, deposit insurance, economics of central banking, Keynesian macroeconomics, moral hazard, Post-Keynesian macroeconomics

Tirole on the economics of crises
05 Nov 2019 Leave a comment
in applied price theory, budget deficits, business cycles, currency unions, development economics, economics of information, entrepreneurship, Euro crisis, global financial crisis (GFC), industrial organisation, international economics, macroeconomics, market efficiency, monetary economics, Public Choice, rentseeking Tags: bank panics

Hetzel on the golden age of Keynesian macroeconomic policy
05 Nov 2019 Leave a comment
in budget deficits, business cycles, economic growth, economic history, economics of bureaucracy, macroeconomics, monetary economics, politics - USA, Public Choice, Robert E. Lucas Tags: Keynesian macroeconomics

Only rational expectations macroeconomics can explain self-fulfilling crises
01 Nov 2019 Leave a comment
in applied price theory, budget deficits, business cycles, currency unions, economic growth, economic history, economics of bureaucracy, economics of information, Euro crisis, fiscal policy, global financial crisis (GFC), great depression, great recession, macroeconomics, monetary economics, Public Choice Tags: Euroland, rational expectations, sovereign defaults









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