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.

1 comment:

hedmanj said...

I have vision for this to come to fruition. It is a commodity that will not be subject to inflation... I am in the process of drawing up a proposal for funding through INet. If you are in clean energy sector economics then you may know what it is.