V.V. Chari testifies on modern macroeconomics and information prerequisites to predicting the GFC

09 Oct 2019 Leave a comment

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What DSGE models have become

08 Oct 2019 Leave a comment

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WHAT DEMOCRATIC SOCIALISM DOES TO ECONOMIC PROSPERITY

06 Oct 2019 Leave a comment

by Jim Rose in applied price theory, comparative institutional analysis, constitutional political economy, economic growth, economic history, economics of education, economics of regulation, fiscal policy, income redistribution, industrial organisation, labour economics, macroeconomics, Marxist economics, politics - USA, Public Choice Tags:

A monetary stimulus is back in the news

04 Oct 2019 Leave a comment

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Thomas Sargent on the conquest of American inflation

03 Oct 2019 Leave a comment

by Jim Rose in budget deficits, business cycles, economic growth, economic history, fiscal policy, history of economic thought, inflation targeting, macroeconomics, monetary economics, politics - USA, Public Choice, unemployment Tags: ,

Edward Prescott on the Great Depression and the Great Recession

22 Sep 2019 Leave a comment

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Freeman and Champ on the Phillips curve

20 Sep 2019 Leave a comment

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Edward Prescott on was there a GFC?

18 Sep 2019 1 Comment

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Edward Prescott on the Great Depression

17 Sep 2019 Leave a comment

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Sargent explains modern macroeconomics for benefit of heterodox economists

16 Sep 2019 Leave a comment

by Jim Rose in budget deficits, business cycles, economic growth, fiscal policy, job search and matching, macroeconomics, monetary economics

Sargent is a bit cross with the Romer and Romer narrative of post-war stabilisation

08 Sep 2019 Leave a comment

by Jim Rose in budget deficits, business cycles, economic growth, economic history, history of economic thought, macroeconomics, monetary economics

From Commentary: The Evolution of Economic Understanding and Postwar Stabilization Policy at
http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.203.4565&rep=rep1&type=pdf

Richard Allen Posner on crisis in capitalism

08 Sep 2019 Leave a comment

by Jim Rose in budget deficits, business cycles, comparative institutional analysis, economic growth, economic history, economics of information, Euro crisis, financial economics, global financial crisis (GFC), great recession, industrial organisation, law and economics, macroeconomics, monetary economics, Richard Posner Tags:

Edward Prescott on the benefits of the common market

01 Sep 2019 Leave a comment

by Jim Rose in economic growth, economic history, Edward Prescott, industrial organisation, international economic law, labour economics, labour supply, law and economics, macroeconomics, Public Choice, rentseeking, survivor principle Tags: , ,

Why innovation is getting harder

29 Aug 2019 Leave a comment

by Jim Rose in applied price theory, economic growth, economic history, economics of education, economics of information, human capital, industrial organisation, labour economics, labour supply, occupational choice Tags:

Robert Lucas and Paco Buera | Idea Flows and Economic Growth

27 Aug 2019 Leave a comment

by Jim Rose in economic growth, economics of education, human capital, industrial organisation, labour economics, macroeconomics, Robert E. Lucas Tags:

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