mainly macro

Comment on macroeconomic issues

Wednesday, 6 September 2017

Defining austerity redux

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This is a rather dull post about definitions In a previous piece I talked about how there is no clear definition of what we mean by...
12 comments:
Sunday, 3 September 2017

Could independent central banks be advisory?

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With fiscal councils (or Independent Fiscal Institutions) now commonplace in advanced economies, a natural question arises. Why are all the...
5 comments:
Thursday, 31 August 2017

Why Brexit has led to falling real wages

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This might seem easy. The depreciation immediately after Brexit, plus subsequent declines in the number of Euros you can buy with a £, are ...
15 comments:
Monday, 28 August 2017

Would Remain win a second referendum?

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I think it unlikely that we will have a second referendum before we leave in 2019. [1] Brexiteers fear losing it and Labour fears fighting ...
24 comments:
Friday, 25 August 2017

Medicine and the microfoundations hegemony in macroeconomics

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Mainly for economists I’m beginning to think I should have made much more of analogies between economics and medicine in discussing w...
19 comments:
Wednesday, 23 August 2017

The BBC and Patrick Minford

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Over the last few days the BBC has given considerable publicity to Patrick Minford’s new report published by the ‘Economists for Free Trade...
23 comments:
Monday, 21 August 2017

Brexit remains an exercise in deception

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I talked last week about how the Leave campaign involved lies at its centre. Not the occasional exaggerations of the Remain campaign, but ...
22 comments:
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Simon Wren-Lewis

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Mainly Macro
Emeritus Professor of Economics and Fellow of Merton College, University of Oxford. This blog is written for both economists and non-economists, and covers macroeconomics but also other economic issues, political economy, the media and politics.
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