Thursday, April 20, 2023

Distributive Conflict and the "New" Inflation

Franklin Serrano on inflation (in Portuguese). More or less what I have been saying on the issue, with some interesting discussions on the changes in the New Consensus Model, and the changing views of some of the key authors like Larry Summers.

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A short note on fiscal regimes and fiscal policy

There is a reasonable debate about how much taxes matter. Most economists would agree that taxes do matter. However, the way in which taxes ...