Jamie Galbraith on why the distinction between Saltwater and Freshwater (at minute 26 or so of the video) is not a good one, and why we need Backwater economics. Backwater is actually a good name, since it may be caused by an opposing current, and that's what heterodox economics should be, a counter current to the main stream. The other parts of the panel with Krugman and Buiter here and here. This was during the INET Rethinking Economics conference, by the way.
Showing posts with label backwater. Show all posts
Showing posts with label backwater. Show all posts
Friday, September 19, 2014
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Raúl Prebisch as a Central Banker and Money Doctor
Here we edited with Esteban Pérez and Miguel Torres some unpublished manuscripts from Prebisch related to the Federal Reserve missions,...
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So besides the coup in Brazil (which was all but confirmed by the last revelations , if you had any doubts), and the electoral victory of M... -
Fields, David (Forthcoming), “Classical Dichotomy,” Edward Elgar Encyclopedia on Central Banking , edited by L.P. Rochon et... -
Modern Monetary Theory (MMT) has been in the news again, and for good reasons. I actually had a post with the same title back in Februa...