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blog.supplysideliberal.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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www.ecologyandsociety.org
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| | | | | van der Leeuw, S., and C. Folke. 2021. The social dynamics of basins of attraction. Ecology and Society 26(1):33. https://doi.org/10.5751/ES-12289-260133 | |
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economicsfromthetopdown.com
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| | | | | The neoclassical theory of economic growth is an example of Murphy's law: everything that could go wrong did go wrong. | |
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blogs.swarthmore.edu
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| | | [AI summary] The text presents a detailed critique of the arguments made by scholars like Daniel Moynihan and Charles Murray, who have attributed poverty and dysfunction among certain racial and ethnic groups in the United States to cultural factors. The author challenges these views by highlighting the diversity and complexity of African and African diasporic societies, as well as the historical and cultural contexts of Latin American and Mexican-American communities. The author argues that these groups cannot be characterized as uniformly collectivist, authoritarian, or lacking in individual ambition, and that such portrayals are based on flawed and often racist assumptions. The critique extends to the broader concept of 'cultural difference' as a way to e... | ||