Gambling for Redemption and Self-fulfilling Debt Crises
06 May 2019 Leave a comment
in budget deficits, business cycles, currency unions, economic growth, economic history, Euro crisis, financial economics, global financial crisis (GFC), great depression, great recession, international economic law, International law, law and economics, macroeconomics, monetary economics, Public Choice, rentseeking Tags: banking panics, sovereign debt crises
Ideas and Growth Lecture with Nobel Laureate Robert E. Lucas Jr
06 May 2019 Leave a comment
in economic growth, economics of education, human capital, labour economics, labour supply, macroeconomics, occupational choice, Robert E. Lucas Tags: endogenous growth theory
The Great Enrichment
04 May 2019 Leave a comment
in development economics, economic history, growth miracles, macroeconomics Tags: The Great Enrichment

2. Tell a New Story – Doughnut Economics or @KateRaworth is a @MontPelerinSoc conspiracy theorist
03 May 2019 Leave a comment
in business cycles, discrimination, economic growth, economic history, economics of regulation, F.A. Hayek, financial economics, gender, global financial crisis (GFC), human capital, international economics, labour economics, labour supply, law and economics, macroeconomics, Milton Friedman, occupational choice, Public Choice Tags: conspiracy theories, conspiracy theorists
Margaret Thatcher’s economic legacy | The Economist
02 May 2019 Leave a comment
in budget deficits, business cycles, economic growth, economic history, economics of bureaucracy, economics of regulation, fiscal policy, global financial crisis (GFC), industrial organisation, labour economics, macroeconomics, monetary economics, privatisation, property rights, Public Choice, unemployment, unions Tags: British politics, Margaret Thatcher
Good repost from McGrattan and Prescott using intangible capital measurement improvements
27 Apr 2019 Leave a comment
From A Reassessment of Real Business Cycle Theory. McGrattan, Ellen R; Prescott, Edward C. The American Economic Review; Nashville Vol. 104, Iss. 5, (May 2014): 177-18
Top economists still dewy eyed about deposit insurance despite its role in #GFC, S&L crisis, and bank capital ratios halving after its introduction in 1930s
11 Apr 2019 Leave a comment
in financial economics, global financial crisis (GFC), monetary economics, Public Choice

From http://www.igmchicago.org/surveys/european-deposit-insurance
Peltzman spelled out in his 1970 article “Capital Investment in Commercial Banking and Its Relation to Portfolio Regulation”
that banks capital ratios dropped significantly in the US after the introduction of deposit insurance.
The Lucas Revolution
09 Apr 2019 Leave a comment
in budget deficits, business cycles, economic growth, fiscal policy, macroeconomics, monetary economics, Robert E. Lucas Tags: new classical macroeconomics

16th SAET Conference on Current Trends in Economics – Robert E. Lucas, JR (University of Chicago)
05 Apr 2019 Leave a comment
in applied price theory, development economics, economic growth, economic history, economics of education, human capital, labour economics, macroeconomics, occupational choice, Robert E. Lucas




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