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www.asymptosis.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.soberlook.com
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| | | | | Guest post by Norman Mogil Ever since the 2008 financial crisis, there has been a persistent shortage of high-quality government debt. Mo... | |
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econbrowser.com
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| | | | | [AI summary] The text is a complex and often contentious discussion about economic indicators such as the Consumer Price Index (CPI), GDP, and employment numbers, and their perceived accuracy or manipulation. It raises questions about whether these metrics reflect real economic conditions or are influenced by political agendas. The discussion includes debates over hedonic adjustments, substitution effects, and the measurement of inflation and real wages. There are also references to alternative data sources like ShadowStats and critiques of government data integrity. The tone is critical, with accusations of intellectual dishonesty and political manipulation, and the text includes personal opinions, historical references, and comparisons to other political m... | |
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gavinhoward.org
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| | | Is Trump hurting Free Speech? Yes, but not as bad as people claim. | ||
