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andolfatto.blogspot.com | ||
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www.coppolacomment.com
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www.rogerfarmer.com
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| | | | | [AI summary] The text presents an in-depth exploration of macroeconomic theory through the lens of Roger E. A. Farmer's academic work. It delves into the complexities of monetary theory, equilibrium concepts, and the role of central banks. Key themes include the endogeneity of money, the distinction between exogenous and endogenous money, the implications of liquidity traps, and the evolution of monetary policy frameworks. Farmer's perspective emphasizes the importance of general equilibrium theory, the role of banks in creating money, and the need for central banks to consider broader economic dynamics beyond traditional single-agent models. | |
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johnhcochrane.blogspot.com
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| | | | | [AI summary] An economist proposes a counterintuitive model suggesting that raising nominal interest rates and holding them steady could generate inflation, contrasting with standard monetary policy lore. | |
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www.soberlook.com
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| | | In a fashion similar to what became known as the "Asian Contagion" in the late 90s, the current stress in emerging economies has been spre... | ||
