From https://www.dallasfed.org/~/media/documents/research/eclett/2014/el1406.pdf
Fiscal policy is as significant as, and sometimes more important than, monetary policy in determining the price level and, therefore, the dynamics of inflation
20 May 2022 Leave a comment
in economic history, fiscal policy, history of economic thought, macroeconomics, Milton Friedman, monetarism
The power of tax smoothing
25 Apr 2022 Leave a comment
in applied price theory, defence economics, economic growth, entrepreneurship, fiscal policy, macroeconomics, public economics
“Economic Policy and Growth of Nation” – by Prof. Finn Kydland
24 Apr 2022 Leave a comment
in applied price theory, budget deficits, business cycles, economic growth, economic history, Euro crisis, fiscal policy, global financial crisis (GFC), great recession, growth disasters, history of economic thought, labour economics, labour supply, macroeconomics, monetary economics, public economics, unemployment Tags: real business cycles
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
Fiscal theory of the price level = inflation ultimately comes from government debt, as opposed to the central bank printing money
25 Feb 2022 Leave a comment
in Adam Smith, financial economics, fiscal policy, history of economic thought, macroeconomics, monetarism, monetary economics
Did the New Deal End the Great Depression? (with George Selgin)
06 Dec 2021 Leave a comment
in applied price theory, applied welfare economics, Austrian economics, business cycles, economic growth, economic history, fiscal policy, global financial crisis (GFC), great depression, great recession, history of economic thought, macroeconomics, monetarism, monetary economics
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
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