What is deficient aggregate demand?

20 Apr 2020 Leave a comment

by Jim Rose in business cycles, economic growth, Edward Prescott, fiscal policy, macroeconomics, monetary economics Tags:

The lags on fiscal policy infrastructure spending are even longer

16 Apr 2020 Leave a comment

by Jim Rose in applied price theory, business cycles, economics of bureaucracy, economics of information, fiscal policy, macroeconomics, monetary economics, Public Choice

From https://economistsview.typepad.com/economistsview/2008/12/policy-lags.html

Monetary policy in the 21st century: An Allan Meltzer perspective

16 Apr 2020 Leave a comment

by Jim Rose in business cycles, economic history, financial economics, great depression, great recession, labour economics, labour supply, macroeconomics, monetarism, monetary economics, unemployment Tags: ,

Will the pandemic trigger John Cochrane’s fiscal theory of inflation?

14 Apr 2020 Leave a comment

by Jim Rose in budget deficits, economic history, financial economics, macroeconomics, monetary economics, public economics Tags: ,

Richard Timberlake Remembers Milton Friedman, Pt. 3

13 Apr 2020 Leave a comment

by Jim Rose in business cycles, economic history, great depression, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics Tags:

Tom Sargent on fiscal and monetary policy

11 Apr 2020 Leave a comment

by Jim Rose in budget deficits, business cycles, economic growth, fiscal policy, job search and matching, labour economics, labour supply, macroeconomics, monetary economics, public economics, unemployment

From https://www.ubs.com/microsites/nobel-perspectives/en/laureates/thomas-sargent.html

Richard Timberlake Remembers Milton Friedman, Pt. 2

11 Apr 2020 Leave a comment

by Jim Rose in business cycles, economic history, great depression, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics Tags:

Free banking theory: Larry White and Juan Ramón Rallo

10 Apr 2020 Leave a comment

by Jim Rose in Austrian economics, economic history, economics of regulation, financial economics, industrial organisation, law and economics, macroeconomics, monetary economics, property rights Tags:

Richard Timberlake Remembers Milton Friedman, Pt. 1

10 Apr 2020 Leave a comment

by Jim Rose in business cycles, economic history, great depression, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics Tags:

Allan Meltzer on the 1930s Fed’s main concern

08 Apr 2020 Leave a comment

by Jim Rose in business cycles, economic growth, economic history, economics of bureaucracy, great depression, macroeconomics, monetarism, monetary economics, Public Choice, unemployment

From https://books.google.co.nz/books?id=190xVQDRtHAC&printsec=frontcover&dq=A+History+of+the+Federal+Reserve,+Volume+1:+1%E2%80%A6+(Paperback)by+Allan+H.+Meltzer&hl=en&sa=X&ved=0ahUKEwjL-rjN_NPoAhVnH7cAHdbzDjwQ6AEIKDAA#v=onepage&q&f=false

Joe Stiglitz predicts

06 Apr 2020 Leave a comment

Image by Jim Rose

How real are real business cycle models?

04 Apr 2020 Leave a comment

Image by Jim Rose

The 1931 massive fiscal contraction should have slowed the NZ recovery if Keynesian macroeconomics is worth more than a grain of salt

31 Mar 2020 7 Comments

by Jim Rose in budget deficits, business cycles, economic history, fiscal policy, great depression, labour economics, labour supply, macroeconomics, monetary economics, public economics, unemployment Tags: , , ,

Lee Ohanian on were Keynes, and Friedman and Schwartz all wrong?

29 Mar 2020 7 Comments

by Jim Rose in business cycles, economic history, financial economics, fiscal policy, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics

From https://www.economicdynamics.org/newsletter-april-2000/

Did real business cycle theory ignore depressions?

29 Mar 2020 Leave a comment

Image by Jim Rose

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