Tag Archives: macroeconomics

Bank of England’s Haldane on the crisis of economics: “Our models are no longer working properly”

by Olaf Storbeck on 24/10/2012

Andres Haldane (Photo: Bank of England)
Andrew Haldane is the Bank of England’s Executive Director …

Filed under Financial Crisis, General Economics

Tagged as Andrew Haldane, Bank of England, economics, financial crisis, Financial Stability, Keynesian Beauty Contest, macroeconomics

Olaf Storbeck smackdown watch, nobel prize edition

by Olaf Storbeck on 13/10/2011

In the debate about Target2 balances I was impressed by Felix Salmon’s response to …

Filed under General Economics

Tagged as Christopher Sims, financial crisis, macroeconomics, nobel prize in economics, Thomas Sargent

A Nobel Prize for the Ancien Régime

by Olaf Storbeck on 11/10/2011

Image via Wikipedia

(Please have a look at this post: “Olaf Storbeck smackdown watch, Nobel …

Filed under Financial Crisis, General Economics

Tagged as Christopher Sims, macroeconomics, Milton Friedman, Nobel Memorial Prize in Economic Sciences, Robert Lucas, Thomas J. Sargent

What the Mafia teaches about fiscal policy

by Olaf Storbeck on 11/05/2011

What’s the impact of fiscal policy on GDP growth? That’s one of the most …

Filed under Economic Policy, Financial Crisis, General Economics

Tagged as American Recovery and Reinvestment Act of 2009, Barack Obama, Ben Bernanke, deficit spending, Economic, economic crisis, economic growth, economic policy, fiscal multiplier, fiscal policy, Government spending, great depression, John Maynard Keynes, macroeconomics, mafia, monetary policy, public debt, recession, Salvatore Riina, Social Sciences