@Guardianscience said so so it must have been true

@NZGreens would blame the victims of the attacks

Professor Jordan Peterson on climate change and climate policy at the Cambridge Union

The unbanked

Image

Vikings never wore horned helmets. Here’s why people thought they did.

Hamas Attack on Israel 2018

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Central planning on steroids

Much Ado about Pigou ….and other defunct economists

Amol Agrawal's avatarMostly Economics

I  wanted to write on these two profile together – Schumpeter and Pigou. But Schumpeter one became too long so had to write a fresh post on Pigou.  

Bruce Yandle of Clemson University has a nice profile of Pigou. He starts pretty nicely: 

View original post 1,049 more words

Milton Friedman’s presidential address at 50: One of the defining moments in history of macroeconomics…

Amol Agrawal's avatarMostly Economics

The year 2018 marks the 50 years of the celebrated and much talked about lecture given by Milton Friedman: The role of monetary policy. It is seen as one of those key moments in history of macroeconomics where Friedman questioned the trade-off between inflation and unemployment as espoused in Philips curve.

It is rather odd to see a journal – Review of Keynesian economics – to dedicate an entire issue on the 50th anniversary.

Milton Friedman’s American Economic Association (AEA) presidential address, ‘The role of monetary policy,’ was published 50 years ago in the 1968 Papers and Proceedings issue of the American Economic Review. Friedman’s influence as an economist is undeniable and he is widely viewed, together with John Maynard Keynes, as the most important macroeconomist of the twentieth century. His contributions were extensive but, in our view, his AEA address has been the most influential.

In that…

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Pointed

What It’s Like Being an Extrovert – Ultra Spiritual Life episode 134

Christopher Hitchens Revises the Ten Commandments

Does Post-Keynesian macroeconomics strictly forbid shadow banking’s major role in the GFC? @ProfSteveKeen

Good summary

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