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Showing posts with label rules. Show all posts
Showing posts with label rules. Show all posts
Monday, August 17, 2015

Yanis Varoufakis — A New Approach to Eurozone Sovereign Debt – op-ed in Project Syndicate

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The eurozone is unique among currency areas: Its central bank lacks a state to support its decisions, while its member states lack a centra...
2 comments:
Saturday, February 21, 2015

Joan Johnson-Freese — U.S.-China Relations: The Hypocrisy of Rules

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"Follow the rules" means our rules. The hypocrisy of both countries’ actions do not escape others. The Diplomat U.S.-China Re...
Wednesday, April 3, 2013

Lord Keynes — Hodgson on Methodological Individualism

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The “broad” version of methodological individualism simply reduces to the “proposition that explanations of social phenomena should be in t...
Tuesday, April 2, 2013

Rumplestatskin — When ‘culture’ is the best explanation

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A recent blog post about ‘culture’ making a lousy explanation of social and economic phenomena sheds even more light on the bizarre culture...
Wednesday, March 13, 2013

Lord Keynes — Post Keynesian Policy on Interest Rates

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...there are two traditions within modern Post Keynesian economics on the role and effect of interest rates: (1) the activist Post Keynes...
Saturday, August 25, 2012

Evan Soltas — NGDP Is a 'Simple Rule'

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It is tempting to wonder whether NGDP targeting came up during the FOMC discussion, given Eric Rosengren and Charles Evans, two alternate m...
2 comments:
Saturday, June 16, 2012

Mark Thoma — "Inflation Targeting is Dead"

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It's hard to figure out how to fix the world if you don't have a reliable model that can explain what went wrong. The optimal mone...
15 comments:
Saturday, May 7, 2011

Money as rules and meta-money

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Sell on News posted a very interesting piece at MacroBusiness. Overruled is short and worth reading in its entirety. (h/t) Yves Smith) Here...
26 comments: