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Cloud

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Where is the General Theory of the 21st Century Cover

What Macroeconomists seems to agree with each others… according to Blanchard

After a round of hot debate on the problem of DSGE model and the trouble of macroeconomics initiated by Paul Romer, heavyweight macroeconomist Olivier...

What do others think about Paul Romer’s worries… (II)

The discussion on Paul Romer's "The Trouble with Macroeconomics" continues in the blogosphere, and Simon Wren -Lewis's "Paul Romer on macroeconomics" is one of...

Paul Romer is worried about Macroeconomics… and what others think about his worries…

Paul Romer's latest paper "The Trouble with Macroeconomics" is definitely one of the hottest topic in the economics blogosphere. The central message is that...

Why Negative Rate is a better policy tool to Higher Inflation Target? Bernanke Explains…

In his latest Brookings blog post "Modifying the Fed’s policy framework: Does a higher inflation target beat negative interest rates?", Ben Bernanke compares two...
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FTPL and the State of Macroeconomics | Q&A with John Cochrane |

John Cochrane talks about Fiscal Theory of Price Level and how can we apply this theory on the current macroeconomy.

What is FTPL (Fiscal Theory of Price Level)?

The Fiscal Theory of the Price Level says that money has value because the government accepts it for taxes, and inflation is fundamentally a fiscal phenomenon
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What is Neo-Fisherian and FTPL? | Q&A with John Cochrane |

Cochrane discusses with us his view on the development in Macroeconomics since the Great Depression. He also explains what Neo-Fisherian and Fiscal Theory of Price Level are, and why they are important for understanding the current economic situation around the world.

Market Monetarism and Macroeconomics | Q&A with Scott Sumner |

This is the second installment of our interview series "Where is the General Theory of the 21st Century?".In this second installment, we continue...
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Midas Paradox and the Great Depression | Q&A with Scott Sumner |

Welcome! This is the first installment of our interview series "Where is the General Theory of the 21st Century?""Where is the General Theory of...

“Concrete Economics” Review

Prof. Brad Delong's blogs, either "bradford-delong.com" or over at " Equitable Growth" , are definitely two of the most influential economics blogs in the...