
Determining the Value of Money: Next Steps for the Fiscal Theory of the Price Level
07 Nov 2021 Leave a comment
in applied price theory, budget deficits, business cycles, economic growth, economic history, Euro crisis, financial economics, fiscal policy, global financial crisis (GFC), great recession, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics, Robert E. Lucas Tags: inflation, monetary policy
Israel 1983: A bout of unpleasant monetarist arithmetic
06 Nov 2021 Leave a comment
in budget deficits, economic history, financial economics, fiscal policy, history of economic thought, macroeconomics, monetarism, monetary economics Tags: hyperinflation, inflation
The type of shock that starts a crisis is less important than reaction to the shock by the government
05 Nov 2021 Leave a comment
in budget deficits, business cycles, economic growth, economics of regulation, fiscal policy, macroeconomics, monetary economics, Public Choice
A Monetary History… provided the historical narrative supporting the contention that in many episodes, monetary instability arose independently of the behaviour of nominal income and prices
04 Nov 2021 Leave a comment

David Friedman on Triple V Voluntary Fractional Reserve Banking, Anarchy, Fiat Currency
03 Nov 2021 Leave a comment
in applied price theory, applied welfare economics, business cycles, comparative institutional analysis, constitutional political economy, David Friedman, economics of crime, financial economics, history of economic thought, macroeconomics, monetary economics, property rights










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