The following are excerpts from Paul Krugman’s latest summary of the macro debates: First: But the self-described New Keynesian economists weren’t immune to the charms of rational individuals and perf… more →
FOO Law and Economicsrikowski wrote 3 weeks ago: Is Another Crisis! BEYOND THE CRISIS http://www.iippe.org INTERNATIONAL INITIATIVE FOR PROMOT … more →
Brian Co$t wrote 2 months ago: “The more comfortable we get with a given condition or trend, the longer it will persist and t … more →
Doug Friesen wrote 2 months ago: Capitalism as a concept has sure taken a beating lately, although it is not dead just yet. It’s not … more →
buttersisonlymyname wrote 2 months ago: I know nothing about economics, and I think I know why. It is a presumptuous discipline, one that ha … more →
aconservativeedge wrote 3 months ago: Besides all these reversals of cause and effect, there is not a single statement on the role of time … more →
Felix Five wrote 3 months ago: Hey people, Busy, busy, busy!! What with work and the show and playing out, it’s been a while … more →
euonymous wrote 3 months ago: I’ve been doing a lot of reading and rereading of economics books as I follow the course of t … more →
Orlando Roncesvalles wrote 3 months ago: The following are excerpts from Paul Krugman’s latest summary of the macro debates: First: But the s … more →
sakerfa wrote 3 months ago: Austrian economist Ludwig von Mises (1881 – 1973) said: “There is no means of avoiding a final colla … more →
AXA Australia wrote 4 months ago: “Stability is unstable” Hyman Minsky, US Economist This insight captures the warning that when unusu … more →
Felix Five wrote 4 months ago: Here’s a cheeky wee update… thought I’d share some things I’ve found and als … more →
Mel Kenny wrote 4 months ago: Alistair Darling said on BBC1’s Andrew Marr show that “we did not stabilise the banking system … more →
Andrew B. Watt wrote 5 months ago: FableVision threw a nice party at their Boston offices for the CMKers this evening. They put out a … more →
Orlando Roncesvalles wrote 5 months ago: There is a conventional definition, courtesy of Brian Chin. According to a Wall Street Journal artic … more →
Washington Y Sanchez wrote 6 months ago: There is a battle commencing between the minds of two economic groups… both predicted the curr … more →
Economic Darwinism wrote 6 months ago: For a while now, Paul Krugman has been tinkering with a model to simulate a Minsky moment. See, for … more →
Orlando Roncesvalles wrote 6 months ago: Here’s a model of the financial crisis based on the ideas of Fischer Black, written by Tyler C … more →
Mel Kenny wrote 8 months ago: In my last blog I spoke about how instability is almost something we should crave for given the work … more →
Orlando Roncesvalles wrote 9 months ago: This is a case study of what the authors call “a perfect storm” in the financial markets. It is a hi … more →