The Limits of Fiscal Policy

16 Oct 2018 Leave a comment

by Jim Rose in applied price theory, budget deficits, fiscal policy, macroeconomics, monetary economics

Jonn Cochrane Says Allowing European Defaults `Best’ for Euro

04 Oct 2018 Leave a comment

by Jim Rose in budget deficits, business cycles, currency unions, Euro crisis, financial economics, law and economics, macroeconomics, monetary economics, property rights Tags:

How Did Paul Krugman Get It So Wrong? John Cochrane

02 Oct 2018 Leave a comment

by Jim Rose in budget deficits, business cycles, entrepreneurship, Euro crisis, financial economics, fiscal policy, global financial crisis (GFC), great depression, great recession, macroeconomics, monetary economics Tags:

Fiscal Policy: The Best Case Scenario

29 Sep 2018 Leave a comment

by Jim Rose in applied price theory, budget deficits, business cycles, fiscal policy, macroeconomics, monetary economics

Lee Ohanian on Friedman and Schwartz

23 Sep 2018 1 Comment

by Jim Rose in budget deficits, business cycles, economic growth, economic history, global financial crisis (GFC), great depression, great recession, macroeconomics, Milton Friedman, monetary economics Tags:

Keynesian liquidity trap macroeconomics can’t even explain seasonal booms and recessions

22 Sep 2018 Leave a comment

by Jim Rose in budget deficits, business cycles, economic growth, global financial crisis (GFC), great recession, macroeconomics, monetary economics Tags:

Lee Ohanian on macroeconomics being caught short by the GFC

22 Sep 2018 2 Comments

by Jim Rose in budget deficits, business cycles, economic growth, economics of bureaucracy, fiscal policy, global financial crisis (GFC), great depression, great recession, macroeconomics, monetary economics, Public Choice Tags:

Which dead macroeconomist is to blame to monetary policy prior to the GFC?

19 Sep 2018 Leave a comment

by Jim Rose in budget deficits, business cycles, fiscal policy, global financial crisis (GFC), great recession, macroeconomics, monetarism, monetary economics Tags:

The current state of the economy Edward Prescott 2013

19 Sep 2018 Leave a comment

by Jim Rose in budget deficits, business cycles, economic growth, Edward Prescott, Euro crisis, fiscal policy, global financial crisis (GFC), great recession, macroeconomics, monetary economics

Entrevista con Edward Prescott

07 Sep 2018 Leave a comment

by Jim Rose in budget deficits, business cycles, development economics, economic growth, Edward Prescott, fiscal policy, global financial crisis (GFC), great depression, great recession

Edward Prescott, Monetary Policy with 100% Reserve Banking: An Exploration

06 Sep 2018 Leave a comment

by Jim Rose in budget deficits, business cycles, economic growth, Edward Prescott, global financial crisis (GFC), great recession, macroeconomics, monetary economics

Nobel Symposium Harald Uhlig Modern DSGE models: Theory and evidence

17 Aug 2018 Leave a comment

by Jim Rose in budget deficits, business cycles, economic growth, fiscal policy, great recession, macroeconomics, monetary economics Tags:

From Lucas and Sargent’s After Keynesian Macroeconomics 1979

15 Aug 2018 Leave a comment

by Jim Rose in budget deficits, business cycles, economic growth, great recession, history of economic thought, macroeconomics, monetary economics, Robert E. Lucas Tags: , , ,

The Queen didn’t ask Keynesians about not predicting the 1970s stagflation, a phenomenon their macroeconomics strictly forbade

15 Aug 2018 2 Comments

by Jim Rose 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: , ,

Source: Kehoe, Midrigan and Pastorino 2018.

New Keynesian macroeconomics isn’t a progressive research programme

06 Aug 2018 Leave a comment

by Jim Rose in budget deficits, business cycles, economic growth, fiscal policy, great depression, history of economic thought, macroeconomics, monetarism, monetary economics, Robert E. Lucas Tags:

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