mainly macro

During the arguments over austerity, its supporters would often point to 1976 as evidence that it was possible for a country with its own c...

Jo Michell has a long post in which he enters in a debate between Ann Pettifor and myself about the role of mainstream macroeconomics in a...

Here F could stand for folk. The story that is often told by economists to their students goes as follows. After Phillips discovered his cu...

In a post from a few days ago I looked at some recent evidence on Phillips curves, treating the Great Recession as a test case. I cast the...

Before the New Classical revolution there was the Friedman/Phelps Phillips Curve (FPPC), which said that current inflation depended on some...

Where I argue that mainstream economics should think about the methodology of their subject more, but that to study this methodology it is...

I’m sure many political scientists hate the way descriptions in politics so often amount to a position on a straight line. It is one-dimens...