Bruce Smith is making me doubt the quantity theory of money

19 Apr 2022 Leave a comment

Image by Jim Rose

Next Steps for the Fiscal Theory of the Price Level

18 Apr 2022 Leave a comment

by Jim Rose in budget deficits, economic history, fiscal policy, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics

From https://sites.google.com/view/margaretmjacobson/research

The quantity theory of money may not be as persuasive as in the past

18 Apr 2022 Leave a comment

From https://www.jstor.org/stable/135018

Image by Jim Rose

Speaking of supply bottlenecks

18 Apr 2022 Leave a comment

by Jim Rose in history of economic thought, macroeconomics, monetarism, monetary economics

From https://www.richmondfed.org/publications/research/economic_quarterly/1998/summer/humphrey

A New Theory on What Causes Inflation with Economist John Cochrane

16 Apr 2022 Leave a comment

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

Freeman and Champ explain the Lucas revolution

15 Apr 2022 Leave a comment

by Jim Rose in business cycles, economic growth, history of economic thought, labour economics, labour supply, macroeconomics, monetarism, monetary economics, Robert E. Lucas, unemployment

Israel 1983: A bout of unpleasant monetarist arithmetic

13 Apr 2022 Leave a comment

by Jim Rose in applied price theory, budget deficits, economic history, financial economics, fiscal policy, macroeconomics, monetarism, monetary economics Tags:

From https://www.sciencedirect.com/science/article/abs/pii/S1094202511000147

Thomas Sargent pioneered the fiscal theory of the price level by studying both the end of hyper-inflations and moderate inflations

07 Apr 2022 Leave a comment

by Jim Rose in budget deficits, business cycles, economic history, fiscal policy, history of economic thought, macroeconomics, monetarism, monetary economics

From Stopping Moderate Inflations: The Methods of Poincaré and Thatcher (1982) by Thomas Sargent

Tutino and Zarazaga on why the fiscal theory of the price level is so compelling! Quantity theory struggles to explain the sudden end of hyperinflations and the failure of previous stabilisation attempts

05 Apr 2022 Leave a comment

by Jim Rose in economic history, history of economic thought, macroeconomics, monetarism, monetary economics, unemployment

From https://www.dallasfed.org/~/media/documents/research/eclett/2014/el1406.pdf

Friedman and the process of inflation

28 Mar 2022 Leave a comment

by Jim Rose in Armen Alchian, economic history, macroeconomics, Milton Friedman, monetarism, monetary economics

David K. Backus Memorial Lecture 2019: Timothy J. Kehoe

13 Mar 2022 Leave a comment

by Jim Rose in applied price theory, fiscal policy, health economics, macroeconomics, public economics Tags: ,

Another feather in the cap of Real business cycle theory

12 Mar 2022 Leave a comment

Image by Jim Rose

Can the central bank cause a recession?

04 Mar 2022 Leave a comment

by Jim Rose in business cycles, economic history, Edward Prescott, financial economics, history of economic thought, macroeconomics, monetary economics

From https://www.minneapolisfed.org/article/1996/interview-with-edward-c-prescott

Inflation is back

04 Mar 2022 Leave a comment

by Jim Rose in macroeconomics, monetary economics Tags:

Fiscal theory of the price level = inflation ultimately comes from government debt, as opposed to the central bank printing money

25 Feb 2022 Leave a comment

by Jim Rose in Adam Smith, financial economics, fiscal policy, history of economic thought, macroeconomics, monetarism, monetary economics

From https://www.richmondfed.org/publications/research/econ_focus/2013/q3/full_interview

Previous Older Entries Next Newer Entries

Bassett, Brash & Hide

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Truth on the Market

Scholarly commentary on law, economics, and more

The Undercover Historian

Beatrice Cherrier's blog

Matua Kahurangi

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Temple of Sociology

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Velvet Glove, Iron Fist

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

CAMERA UK

Why Evolution Is True

Why Evolution is True is a blog written by Jerry Coyne, centered on evolution and biology but also dealing with diverse topics like politics, culture, and cats.

Down to Earth Kiwi

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

NoTricksZone

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Homepaddock

A rural perspective with a blue tint by Ele Ludemann

Kiwiblog

DPF's Kiwiblog - Fomenting Happy Mischief since 2003

The Dangerous Economist

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Watts Up With That?

The world's most viewed site on global warming and climate change

Climate Etc.

The Logical Place

Tim Harding's writings on rationality, informal logic and skepticism

Doc's Books

A window into Doc Freiberger's library

The Risk-Monger

Let's examine hard decisions!

Uneasy Money

Commentary on monetary policy in the spirit of R. G. Hawtrey

Barrie Saunders

Thoughts on public policy and the media

Liberty Scott

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Point of Order

Politics and the economy

James Bowden's Blog

A blog (primarily) on Canadian and Commonwealth political history and institutions

Science Matters

Reading between the lines, and underneath the hype.

Peter Winsley

Economics, and such stuff as dreams are made on

A Venerable Puzzle

"The British constitution has always been puzzling, and always will be." --Queen Elizabeth II

The Antiplanner

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Bet On It

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

History of Sorts

WORLD WAR II, MUSIC, HISTORY, HOLOCAUST

Roger Pielke Jr.

Undisciplined scholar, recovering academic

Offsetting Behaviour

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

JONATHAN TURLEY

Res ipsa loquitur - The thing itself speaks

Conversable Economist

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

The Victorian Commons

Researching the House of Commons, 1832-1868

The History of Parliament

Articles and research from the History of Parliament Trust

Books & Boots

Reflections on books and art

Legal History Miscellany

Posts on the History of Law, Crime, and Justice

Sex, Drugs and Economics

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

European Royal History

Exploring the Monarchs of Europe

Tallbloke's Talkshop

Cutting edge science you can dice with

Marginal REVOLUTION

Small Steps Toward A Much Better World

NOT A LOT OF PEOPLE KNOW THAT

“We do not believe any group of men adequate enough or wise enough to operate without scrutiny or without criticism. We know that the only way to avoid error is to detect it, that the only way to detect it is to be free to inquire. We know that in secrecy error undetected will flourish and subvert”. - J Robert Oppenheimer.

STOP THESE THINGS

The truth about the great wind power fraud - we're not here to debate the wind industry, we're here to destroy it.

Fruits and Votes

Lindsay Mitchell

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Alt-M

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

croaking cassandra

Economics, public policy, monetary policy, financial regulation, with a New Zealand perspective

UK Constitutional Law Association

The Grumpy Economist

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

International Liberty

Restraining Government in America and Around the World