Sunday, May 24, 2015

On the blogs

Paul Romer Confused on Capital Theory -- Robert Vienneau on the mathiness affair.

Mathiness -- and Mike Isaacson too.

Central bank lending and the Great Fire of London -- A bit old, but relevant. Frances Coppola on the distinction between lender of last resort and bailouts. I have the impression that the same confusion occurs with Quantitative Easing.

Josef Steindl on why austerity fails: A Keynesian-Kaleckian view of stagnation policy and the endogenous budget deficit -- Even older post by Circuit, but on the recent debates on the revived secular stagnation issue.

1 comment:

  1. Thanks for this, Matias! Let's keeping spreading the word about Steindl's fantastic and relevant work.

    ReplyDelete

The budget, the fragile recovery and the next recession

I'm not a forecaster. I do macro, and worked for Wynne Godley at the Levy, but I feel that there are too many dangers in forecasting...