Why Kocherlakota is Disappointed with Post-Great Recession Macroeconomics?

Welcome to the latest installment of our interview series “Where is the General Theory of the 21st Century?” “Where is the General Theory of the 21st Century?” is an interview series which we ask top economists a very important question: “Why haven’t economists come up with a new General Theory … …Click to read the whole thing…

Ricardo Reis Explains How to use Interest on Reserve for Inflation Targeting

This is the eighth installment of our interview series “Where is the General Theory of the 21st Century?” In this installment, we continue our talk with Professor Ricardo Reis, A.W. Phillips Professor of Economics at the London School of Economics. Reis has shared with us his view on the state … …Click to read the whole thing…

John Cochrane on FTPL and the State of Macroeconomics

This is the fourth installment of our interview series “Where is the General Theory of the 21st Century?” In this article, we continue our discussion with Professor John Cochrane, Senior Fellow of Hoover Institution, Stanford University. Here he talks about Fiscal Theory of Price Level and how can we apply … …Click to read the whole thing…

John Cochrane on What is Neo-Fisherian?

Welcome! This is the third installment of our interview series “Where is the General Theory of the 21st Century?” “Where is the General Theory of the 21st Century?” is an interview series with the aim to ask top economists a very important question: “Why haven’t economists come up with a … …Click to read the whole thing…