My review for the Washington Post
Isabella Weber’s “Anti-Fascist Economics”
Isabella Weber’s “Anti-Fascist Economics”
10 Nov 2026 Leave a comment
in applied price theory, Austrian economics, budget deficits, business cycles, economic growth, economic history, fiscal policy, history of economic thought, income redistribution, industrial organisation, macroeconomics, monetary economics, Public Choice Tags: economics of pandemics
@GeorgeSelgin on the History of Banking Crises | Macro …
07 Nov 2026 Leave a comment
in budget deficits, business cycles, economic history, economics of regulation, fiscal policy, great depression, history of economic thought, macroeconomics, monetary economics
2018, Global Financial Crisis @ 10, Valerie Ramey, “What Have We Learned…
01 Nov 2026 Leave a comment
in budget deficits, business cycles, econometerics, economic history, fiscal policy, global financial crisis (GFC), great recession, history of economic thought, macroeconomics
2018, Global Financial Crisis @ 10, Valerie Ramey, “What Have We Learned…
29 Oct 2026 Leave a comment
in budget deficits, business cycles, currency unions, econometerics, economic history, fiscal policy, global financial crisis (GFC), great recession, history of economic thought, macroeconomics, monetary economics
Quotation of the Day…
23 Oct 2026 Leave a comment
in business cycles, history of economic thought, macroeconomics, monetarism, monetary economics
Tweet… is from page 129 of my late, great teacher Fritz Machlup’s May 1960 Review of Economics and Statistics paper, “Another View of Cost-Push and Demand-Pull Inflation“: It is clear that an inflation of effective demand is a necessary condition not only for a demand-pull inflation of consumer prices but also for a cost-push inflation.…
Quotation of the Day…
Are Banking Systems Inherently Unstable? | @GeorgeSelgin | Hayek Program…
22 Oct 2026 Leave a comment
in applied price theory, Austrian economics, business cycles, economic history, economics of regulation, great depression, great recession, history of economic thought, law and economics, macroeconomics, monetary economics, property rights, Public Choice, rentseeking Tags: monetary policy
Defining the Unemployment Rate
22 Oct 2026 Leave a comment
in business cycles, history of economic thought, labour economics, labour supply, macroeconomics, unemployment
An updated version of our Marginal Revolution University (MRU) video on defining the unemployment rate. Free to use for anyone but goes best, of course, with Modern Principles of Economics, the best principles of economics textbook. The post Defining the Unemployment Rate appeared first on Marginal REVOLUTION.
Defining the Unemployment Rate
“Why Was the Fed Created?” with @GeorgeSelgin
20 Oct 2026 Leave a comment
in business cycles, economic history, financial economics, great depression, history of economic thought, macroeconomics, monetary economics, politics - USA, Public Choice, rentseeking Tags: monetary policy
On the microeconomic foundations of macro stabilisation: The Hall-Woodford prize in historical perspective
13 Oct 2026 Leave a comment
in business cycles, history of economic thought, inflation targeting, macroeconomics, monetarism, monetary economics
“This year’s prize is about stabilization” was the sentence with which Ellen Moons, Secretary General of the Royal Swedish Academy of Sciences, introduced the not-true-Nobel-but-Nobel-still prize for economics this morning (a physicist, she is the first woman to hold the position since the Academy’s creation in 1739). It went to Stanford’s Bob Hall and Columbia’s […]
On the microeconomic foundations of macro stabilisation: The Hall-Woodford prize in historical perspective
Michael Woodford, Nobel Laureate
13 Oct 2026 Leave a comment
in business cycles, history of economic thought, labour economics, macroeconomics, monetarism, monetary economics, unemployment
I think of Michael Woodford as the kind of economist who studies something very specific very intensively and tries to get it just right. But in his case he is not studying something small and irrelevant, he is studying “monetary policy.” I think of him as the economist who put monetary policy and “monetarism” —…
Michael Woodford, Nobel Laureate
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