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ebuchman.github.io
| | www.macroresilience.com
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| | In an earlier post, I compared Minsky's Financial Instability Hypothesis with Buzz Holling's work on ecological resilience and briefly touched upon the consequences of wildfire suppression as an example of the resilience-stability tradeoff. This post expands upon the lessons we can learn from the history of fire suppression and its impact on the forest ecosystem in the United States and draws some parallels between the theory and history of forest fire management and macroeconomic management. Origins of ...
| | undisciplinedenvironments.org
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| | The Earth Wind and Fire issue of Jacobin is an environmentalism from the standpoint of the Progressive State. Economic growth is given and natural, it...
| | 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.
| | geopolicraticus.wordpress.com
33.7 parsecs away

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| Saturday A Scientific Research Program That Never Happened Carl Sagan liked to characterize the Library of Alexandria as a kind of scientific research institution in classical antiquity: "Here was a community of scholars, exploring physics, literature, medicine, astronomy, geography, philosophy, mathematics, biology, and engineering. Science and scholarship had come of age. Genius flourished there. The...