The Lucas critique summarised by Freeman and Champ
22 Apr 2022 Leave a comment
in budget deficits, business cycles, economic growth, labour economics, labour supply, macroeconomics, monetarism, monetary economics, Robert E. Lucas
Margaret Jacobson on how Roosevelt jump started the #economy in 1933
20 Apr 2022 Leave a comment
in budget deficits, business cycles, economic growth, financial economics, fiscal policy, great depression, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics
Next Steps for the Fiscal Theory of the Price Level
18 Apr 2022 Leave a comment
in budget deficits, economic history, fiscal policy, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics
A New Theory on What Causes Inflation with Economist John Cochrane
16 Apr 2022 Leave a comment
in budget deficits, business cycles, fiscal policy, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics
Israel 1983: A bout of unpleasant monetarist arithmetic
13 Apr 2022 Leave a comment
in applied price theory, budget deficits, economic history, financial economics, fiscal policy, macroeconomics, monetarism, monetary economics Tags: hyperinflation
Thomas Sargent pioneered the fiscal theory of the price level by studying both the end of hyper-inflations and moderate inflations
07 Apr 2022 Leave a comment
in budget deficits, business cycles, economic history, fiscal policy, history of economic thought, macroeconomics, monetarism, monetary economics
From Stopping Moderate Inflations: The Methods of Poincaré and Thatcher (1982) by Thomas Sargent
Webinar: John H. Cochrane on the role of central banks
02 Dec 2021 Leave a comment
in budget deficits, business cycles, economic growth, economic history, Euro crisis, financial economics, fiscal policy, global financial crisis (GFC), great recession, history of economic thought, inflation targeting, macroeconomics, monetary economics
Ed Prescott Says ‘Partial’ Default Is Likely for Greece
22 Nov 2021 Leave a comment
in applied price theory, applied welfare economics, budget deficits, business cycles, comparative institutional analysis, currency unions, economic growth, economic history, Edward Prescott, Euro crisis, fiscal policy, global financial crisis (GFC), great recession, history of economic thought, labour economics, labour supply, macroeconomics, monetary economics, unemployment Tags: real business cycles
Edward C Prescott on the EU, business cycles and European economic research
20 Nov 2021 Leave a comment
in applied price theory, applied welfare economics, budget deficits, business cycles, economic history, Edward Prescott, Euro crisis, fiscal policy, global financial crisis (GFC), great recession, history of economic thought, industrial organisation, labour economics, labour supply, macroeconomics Tags: real business cycles
The Fiscal and monetary response to Covid-19: what the Great Depression has (and hasn’t) taught us George Selgin
13 Nov 2021 Leave a comment
in applied price theory, applied welfare economics, Austrian economics, budget deficits, business cycles, fiscal policy, great depression, health economics, history of economic thought, international economics, labour economics, macroeconomics, monetary economics, unemployment Tags: economics of pandemics
Infrastructure multipliers: Valerie A. Ramey
11 Nov 2021 Leave a comment
in applied price theory, applied welfare economics, budget deficits, business cycles, defence economics, econometerics, economic growth, economic history, financial economics, fiscal policy, history of economic thought, labour economics, labour supply, macroeconomics, monetary economics Tags: Keynesian macroeconomics, new classical macroeconomics, New Keynesian macroeconomics
Monetary-Fiscal Interactions: Eric Leeper Interviewed by Jan Libich
09 Nov 2021 Leave a comment
in budget deficits, business cycles, economic growth, economic history, financial economics, fiscal policy, history of economic thought, macroeconomics, monetarism, monetary economics Tags: inflation, monetary policy, rational expectations
Utopia, you are standing in it! 
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