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economicsfromthetopdown.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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surplusenergyeconomics.wordpress.com
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| | | | | ALIGNING EXPECTATION WITH POSSIBILITY Why is the world at large so often "surprised" when the materially impossible doesn't happen? In economics, the consensus line - a narrative shared by government, business and, for the most part, the general public - is that the economy will carry on growing as we shift from climate-harming fossil fuels... | |
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professorwerner.org
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| | | | | [AI summary] The text presents a critical analysis of central banks and their role in economic policy, arguing that they have concentrated power, lacked accountability, and contributed to economic instability through excessive independence and unchecked policies. It highlights historical comparisons, such as the Reichsbank's failures, and criticizes the European Central Bank's (ECB) model as being similar to the Reichsbank. The author warns of the central banks' potential to create asset bubbles, financial crises, and use these events to justify structural reforms and centralized control. The text also discusses the push towards digital currencies and centralized monetary systems, suggesting a move toward Orwellian control. The conclusion calls for resistanc... | |
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yinzercation.wordpress.com
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| | | The end of the school year is almost here and all we want to think about is sunshine and happy things. Fortunately, there is much good news to report! So in the spirit of summer vacation and all things wonderful, here is our top six list of public education goodness: Good Stuff #1: Election Results!... | ||