George Selgin on the New Deal and Recovery (and Relief and Reform)

18 Nov 2023 Leave a comment

by Jim Rose in budget deficits, business cycles, economic growth, economic history, fiscal policy, great depression, labour economics, labour supply, macroeconomics, monetary economics, unemployment

TweetWant to get a few hours’ worth of solid learning in less than 35 enjoyable minutes? Listen to my Mercatus Center colleague David Beckworth’s podcast (from October 2022) with George Selgin on the New Deal. Seriously. It will be 34-plus minutes very well spent. George’s book – False Dawn – is forthcoming from the University…

George Selgin on the New Deal and Recovery (and Relief and Reform)

Milton Friedman: The Last Conservative | Hoover Institution

15 Nov 2023 Leave a comment

by Jim Rose in applied price theory, budget deficits, business cycles, economic growth, economic history, fiscal policy, global financial crisis (GFC), great depression, great recession, history of economic thought, inflation targeting, labour economics, macroeconomics, Milton Friedman, monetarism, monetary economics, unemployment Tags:

Filling in the Gaps: Next Steps for the Fiscal Theory of the Price Level

15 Nov 2023 Leave a comment

by Jim Rose in applied price theory, budget deficits, business cycles, econometerics, economic history, financial economics, fiscal policy, great depression, great recession, history of economic thought, inflation targeting, macroeconomics, monetarism, monetary economics Tags:

Book Presentation with John Cochrane: “The Fiscal Theory of the Price Le…

09 Nov 2023 Leave a comment

by Jim Rose in budget deficits, business cycles, econometerics, economic growth, economic history, Euro crisis, fiscal policy, global financial crisis (GFC), great depression, great recession, history of economic thought, inflation targeting, macroeconomics, Milton Friedman, monetarism, monetary economics, public economics Tags:

Heterogeneous Agent Fiscal Theory

14 Oct 2023 Leave a comment

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

Today, I’ll add an entry to my occasional reviews of interesting academic papers. The paper: “Price Level and Inflation Dynamics in Heterogeneous Agent Economies,” by Greg Kaplan, Georgios Nikolakoudis and Gianluca Violante. One of the many reasons I am excited about this paper is that it unites fiscal theory of the price level with heterogeneous agent…

Heterogeneous Agent Fiscal Theory

Inflation, Deflation and Debt

03 Oct 2023 Leave a comment

by Jim Rose in budget deficits, economic history, financial economics, fiscal policy, history of economic thought, macroeconomics, monetary economics

Does Government Debt Matter Anymore? | Perspectives On Policy

02 Oct 2023 Leave a comment

by Jim Rose in budget deficits, economic growth, economic history, fiscal policy, health economics, labour economics, labour supply, macroeconomics

Fiscal Theory of the Price Level – Lecture by John H. Cochrane

30 Sep 2023 Leave a comment

by Jim Rose in budget deficits, economic history, fiscal policy, history of economic thought, macroeconomics, monetary economics

unpleasant arithmetic hyperinflation

29 Sep 2023 Leave a comment

by Jim Rose in budget deficits, economic history, financial economics, fiscal policy, macroeconomics, monetarism, monetary economics

John Cochrane — Is It Getting Hot in Here?

28 Sep 2023 Leave a comment

by Jim Rose in budget deficits, business cycles, economic growth, economic history, fiscal policy, labour economics, macroeconomics, monetary economics, unemployment

Thomas Sargent Delivers the 2022 Simpson Lecture

11 Aug 2023 Leave a comment

by Jim Rose in budget deficits, economic history, fiscal policy, history of economic thought, macroeconomics, monetary economics, public economics

Dropping Money from Helicopters: John Cochrane on Inflation

01 Mar 2023 Leave a comment

by Jim Rose in budget deficits, business cycles, comparative institutional analysis, development economics, economic growth, economic history, economics of regulation, entrepreneurship, environmental economics, financial economics, global financial crisis (GFC), great recession, growth miracles, history of economic thought, inflation targeting, macroeconomics, Milton Friedman, monetarism, monetary economics, public economics

Inflation, according to the monetarists, was caused by an excess supply of money

07 Sep 2022 Leave a comment

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Milton Friedman – Understanding Inflation

20 Aug 2022 Leave a comment

by Jim Rose in budget deficits, business cycles, economic history, fiscal policy, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics Tags: ,

But the quantitative easings after the GFC didn’t lead to inflation!?

29 Jul 2022 Leave a comment

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

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