mainly macro

I gave a short talk yesterday with this title, which takes some of the main points from my paper in the  OXREP 'Rebuilding Macro'...

The debate that continues about whether a Phillips curve still exists partly reflects the situation in various countries where unemploymen...

When David Vines asked me to contribute to a OXREP (Oxford Review of Economic Policy) issue on “Rebuilding Macroeconomic Theory”, I think ...

It is of course ludicrous, but who cares. The day of the Boston Fed conference in 1978 is fast taking on a symbolic significance. It is the...

Mainly for economists Paul Romer has a few recent posts (start here , most recent here ) where he tries to examine why the saltwater...

In my view, the answer is in the 1970/80s with the New Classical revolution (NCR). However I also think the new ideas that came with that r...

Mainly for macroeconomists or those interested in economic methodology. I first summarise my discussion in two earlier posts ( here and he...

Mainly for macroeconomists and those interested in macroeconomic thought Following this little interchange ( me , Mark Thoma , Paul K...

In the account of the history of macroeconomic thought I gave here , the New Classical counter revolution was both methodological and ideol...

This post presents a very simple story of the development of macroeconomic thought from Keynes until today. It is related to a recent post ...