Perry Mehrling, IMF Calls for New Economic Thinking
Monday, March 14, 2011
Nobel Prize Offer — Any Takers?
Otmar Issing, for example, offers a Nobel for anyone who provides a proper theoretical treatment that combines credit and money, financial quantities and financial prices. That is what practicing central banker economists like himself have always been looking for, and not found yet, certainly not in the pre-crisis academic consensus.