mainly macro

In a recent post on the Eurozone, I talked about an idea  from Greek economist Yanis Varoufakis, where he imagined leaders were presented...

                Martin Wolf has a nice post explaining the financial crisis using sector financial balances. He rightly attributes this w...

                Following this post , I’ve been reading the blogs of quite a few heterodox economists. There is a lot that I have read whi...

                The preliminary findings of an IMF Article IV mission are always a highly political document, as Paul Krugman points out....

In a recent Vox piece , Alesina and Giavazzi argue that “ adjustments achieved through spending cuts are less recessionary than those achiev...

                The UK budget is presented on Wednesday 21 st March.  Speaking yesterday, the Chancellor said he had “secured the country’s...

                Less than a week ago, I wrote in a post on my blog: “So there is something we can do with fiscal policy, without increasing...

                 Chris Dillow has a nice follow-up to my earlier blog on balanced budget fiscal expansion. I first read the Kalecki paper ...

Or why is no one talking about balanced budget expansion?                 As UK unemployment continues to rise, Jonathan Portes asks why t...

Only for economists                 In some of the debate following this post , and then this , there often seems to be a big distinction ...