Bob Lucas on Growth, Poverty and Business Cycles 2/5/2007
19 May 2023 Leave a comment
in business cycles, comparative institutional analysis, development economics, economic history, economics of education, growth disasters, growth miracles, history of economic thought, human capital, labour economics, law and economics, macroeconomics, Milton Friedman, monetarism, monetary economics, Robert E. Lucas, unemployment Tags: monetary policy
Dropping Money from Helicopters: John Cochrane on Inflation
01 Mar 2023 Leave a comment
in budget deficits, business cycles, comparative institutional analysis, development economics, economic growth, economic history, economics of regulation, entrepreneurship, environmental economics, financial economics, global financial crisis (GFC), great recession, growth miracles, history of economic thought, inflation targeting, macroeconomics, Milton Friedman, monetarism, monetary economics, public economics
Everything Jacinda Ardern ‘tried’ had been a failure : David Seymour
27 Jan 2023 Leave a comment
in constitutional political economy, economics of crime, law and economics, macroeconomics, monetary economics, politics - New Zealand Tags: law and order, racial discrimination
Cheers for Powell
12 Jan 2023 Leave a comment
in energy economics, environmental economics, global warming, macroeconomics, monetary economics Tags: climate alarmism, monetary policy
Jay Powell’s Stockholm speech lays it out with Gettysburg address clarity and brevity. Relative to usual central-bankerese it’s soaring rhetoric too. …Decisions about policies to directly address climate change should be made by the elected branches of government and thus reflect the public’s will as expressed through elections…. without explicit congressional legislation, it would be inappropriate…
Cheers for Powell
Milton Friedman: worldwide inflation
04 Jan 2023 Leave a comment
in economic history, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics Tags: monetary policy
2022 prize lectures in economic sciences
16 Dec 2022 Leave a comment
in applied price theory, business cycles, comparative institutional analysis, economic history, financial economics, great depression, great recession, macroeconomics, monetary economics Tags: bank panics
Milton Friedman on Keynesian Economics
26 Sep 2022 Leave a comment
in business cycles, fiscal policy, health economics, labour economics, macroeconomics, Milton Friedman, monetarism, monetary economics, unemployment Tags: Keynesian macroeconomics
This paper attempts to resolve the paradox of Friedmanian monetary theory: “Money is a veil, but when the veil flutters, real output sputters.”
07 Sep 2022 Leave a comment
in business cycles, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics, Robert E. Lucas
Inflation, according to the monetarists, was caused by an excess supply of money
07 Sep 2022 Leave a comment
Expectations and the power of policy
03 Sep 2022 Leave a comment
in applied price theory, business cycles, econometerics, fiscal policy, macroeconomics, monetary economics, Robert E. Lucas, unemployment
Milton Friedman on Keynesian Economics
23 Aug 2022 Leave a comment
in business cycles, economic history, fiscal policy, great depression, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics, unemployment Tags: Keynesian macroeconomics, monetary policy
Milton Friedman on the leads and lags in monetary policy
22 Aug 2022 Leave a comment
in business cycles, economic growth, fiscal policy, history of economic thought, macroeconomics, monetarism, monetary economics
From The New Palgrave 1987
Utopia, you are standing in it! 
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