Tag: Macroeconomics

Economists in reflective mood

Next weekend Bristol will host the Festival of Economics, organised under the auspices of the Festival of Ideas. The programme for the Festival of Economics has been assembled by Diane Coyle of Enlightenment Economics. It brings together economic journalists, applied academic economists, and economists in the think tank […]

The developing case for capital controls

The desirability of free capital movement is an article of faith for the international organisations that seek to govern the global economy. The perspective is shared by the governments of most developed countries. Liberalisation of capital markets is typically part of the medicine prescribed to ailing countries. A […]

Keen insight into the monetary economy

Lucas Papademos, former vice-president of the European Central Bank, has now been installed as the new Prime Minster of Greece. The imminent arrival of former European Commissioner Mario Monti as Prime Minister of Italy will get the post-Berlusconi era properly under way. This is to be an era […]

Liberal Democrat economics

In a post at Liberal England yesterday entitled Clegg tells Lib Dems to come out from behind the sofa Jonathan Calder responds to a brief piece in the Independent on Sunday. The Indie reports that Lib Dem ministers have been instructed to be a bit less reticent in […]

On knowing what’s going on

Leading active members of today’s economics profession … have formed themselves into a kind of Politburo for correct economic thinking. As a general rule—as one might generally expect from a gentleman’s club—this has placed them on the wrong side of every important policy issue, and not just recently […]

On economic amnesia

Economists, one might assume, have something useful to say about the current problems afflicting the world economy. Yet, since the crash of 2008 there has been a considerable amount of reflection in parts of the discipline about its failure to anticipate the crash and its failure to offer […]