Mankiw on the dangerousness of real business cycle theory

28 Jan 2020 Leave a comment

by Jim Rose in business cycles, Edward Prescott, macroeconomics Tags:

From https://www.aeaweb.org/articles?id=10.1257/jep.3.3.79

“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

by Jim Rose 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

Champ and Freeman on bank panics

28 Jan 2020 Leave a comment

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The Tax Increases to Come – @WSJ

27 Jan 2020 Leave a comment

by Jim Rose 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: , , ,

From https://www.wsj.com/articles/the-tax-increases-to-come-11580075160

NZ deposit insurance had $2b in claims because it included finance companies

27 Jan 2020 Leave a comment

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Edward Prescott on monetary policy

27 Jan 2020 Leave a comment

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Bruce D. Smith on the shortcomings of the quantity theory

27 Jan 2020 Leave a comment

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Alan Manning on monopsony

27 Jan 2020 Leave a comment

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Fischer Black on unemployment

26 Jan 2020 Leave a comment

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Father Confronts Warren on Free College: People Who Did the Right Thing Get Screwed

25 Jan 2020 1 Comment

by Jim Rose in economics of education, fiscal policy, income redistribution, politics - USA, Public Choice, public economics, rentseeking Tags:

Prescott on the equity premium

25 Jan 2020 Leave a comment

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Prescott on Europe

24 Jan 2020 Leave a comment

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Overpopulation is back in the news

24 Jan 2020 Leave a comment

by Jim Rose in development economics, economic growth, economic history, economics of love and marriage, growth disasters, growth miracles, health economics, labour economics, labour supply, macroeconomics, population economics, Public Choice, urban economics Tags: , ,

Sums up modern monetary theory too

23 Jan 2020 Leave a comment

by Jim Rose in business cycles, economic history, economics of information, financial economics, fiscal policy, macroeconomics, monetary economics Tags: , ,

Alan Manning explains monospony

23 Jan 2020 Leave a comment

Image by Jim Rose

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