Unraveling the Mysteries of Money – Cochrane and Uhlig
01 Feb 2020 Leave a comment
in applied price theory, budget deficits, business cycles, economic growth, economic history, economics of information, Euro crisis, financial economics, fiscal policy, global financial crisis (GFC), great recession, macroeconomics, monetary economics, Public Choice Tags: fiscal stimulus, monetary policy
Real business cycle theory at its best
31 Jan 2020 Leave a comment
in business cycles, economic growth, human capital, industrial organisation, job search and matching, labour economics, labour supply, macroeconomics, managerial economics, occupational choice, personnel economics
Where the real seigniorage is
30 Jan 2020 Leave a comment
in budget deficits, business cycles, economic growth, economics of information, financial economics, fiscal policy, macroeconomics, monetary economics Tags: monetary policy, sovereign defaults
Mankiw on the dangerousness of real business cycle theory
28 Jan 2020 Leave a comment
in business cycles, Edward Prescott, macroeconomics Tags: real business cycle theory
“the day I see economists form a wolf pack or use delegitimisation tactics to descend on the rightwinger who uses ec theory to justify bad public policy, or general life cynicism, rather than vs the lefty who complains about him, is the day I’ll take their claims seriously” said David Gaeber
28 Jan 2020 Leave a comment
in business cycles, Edward Prescott, history of economic thought, macroeconomics
Larry Summers commenting in 1986 on real business cycle theory at https://www.minneapolisfed.org/research/qr/qr1043.pdf
The Tax Increases to Come – @WSJ
27 Jan 2020 Leave a comment
in economic growth, economics of education, fiscal policy, human capital, income redistribution, labour economics, labour supply, macroeconomics, Marxist economics, occupational choice, politics - USA, poverty and inequality, Public Choice Tags: 2020 presidential election, taxation and entrepreneurship, taxation and investment, taxation and labour supply
Utopia, you are standing in it! 
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