Category: monetarism

How monetary arithmetic undermines the quantity theory of money

Champ and Freeman on monetary stability

The day Minsky macroeconomics died! Instability can’t be fixed so easily?

V.V. Chari testifies on the evolution of modern macroeconomics

Sargent on history as written by the late switchers, saying I thought of that too; said so in a footnote, in a seminar or as an aside. But Sargent was at Berkeley, knowing who is against everything he, Lucas and others said

From Reactions to the Berkeley story Thomas J. Sargent October 21, 2002