
Sums up modern monetary theory too
23 Jan 2020 Leave a comment
in business cycles, economic history, economics of information, financial economics, fiscal policy, macroeconomics, monetary economics Tags: hyperinflation, monetary cranks, monetary policy

Finn Kydland on economic policy
22 Jan 2020 Leave a comment
in development economics, economic growth, economic history, economics of bureaucracy, Edward Prescott, entrepreneurship, Euro crisis, fiscal policy, global financial crisis (GFC), great recession, growth disasters, growth miracles, income redistribution, industrial organisation, inflation targeting, international economics, labour economics, law and economics, macroeconomics, monetary economics, property rights, Public Choice, public economics, rentseeking, Robert E. Lucas Tags: game theory, real business cycle theory
Real business cycle theory ensures the questions are correctly posed
17 Jan 2020 Leave a comment
in budget deficits, business cycles, fiscal policy, global financial crisis (GFC), great depression, great recession, macroeconomics, monetary economics Tags: real business cycle theory

Brennan and Buchanan explain modern monetary theory in The Power to Tax (1980)
03 Jan 2020 Leave a comment

Are New Keynesian earthquakes a fiscal stimulus?
01 Jan 2020 Leave a comment
in budget deficits, business cycles, economic growth, economics of natural disasters, fiscal policy, macroeconomics, monetary economics Tags: New Keynesian macroeconomics
Kydland on the Great Recession and fiscal sentiment
01 Jan 2020 3 Comments
in budget deficits, business cycles, econometerics, economic growth, economic history, fiscal policy, great recession, income redistribution, macroeconomics, politics - USA, Public Choice, public economics Tags: rational expectations, real business cycles










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