On money and banking

Parte I

Italia vs Japón

La importancia de una moneda propia

Salario = productividad marginal?

Para Krugman sí. Para Joan Robinson no

Sovereign currency and government policy in the open economy

Randall Wray

One eurobond to rule them all

Aca

Partes de la MMT

Soft currency economics, A General Analytical Framework for the Analysis of Currencies and Other Commodities, What is money?

The price of money

The paradox of thrift and the fable of the ant and the grasshopper

Gran lección de macro

Tutorial sobre Ricardo

En ocho partes. Aca

Is it 1936 already?!

Scott Sumner

What is the contribution of the financial sector?

Artículo de Andy Haldane

Debunking the 'savings glut' thesis

Aca

Global savings glut or global banking glut? Yves Smith

Look after the unemployment, and the budget will look after itself: "Modern macroeconomics textbooks perpetuate the idea of a loanable funds market. In Greg Mankiw’s Principles, which is representative, we are taken back in time, to the theories that were prevalent before being destroyed by the intellectual advances provided in Keynes’ General Theory.

Mankiw assumes that it is reasonable to represent the financial system as the “market for loanable funds” where “all savers go to this market to deposit their savings, and all borrowers go to this market to get their loans. In this market, there is one interest rate, which is both the return to saving and the cost of borrowing.”"

The inflation fallacy

Nick Rowe

Lost decades: The real lesson from Japan

The Economist

Rules vs discretion en el Bullion Report

Aca

Global banking glut and loan risk premium

Conferencia Hyun Song Shin

Conferenca de Kurz

Aca

Inflation targeting and the crisis

Aca

Christina Romer sobre política fiscal

What do we know about the effects of fiscal policy? Separating evidence from ideology. Comenta Scott Sumner

Instrument rules, target rules, NGDP, complexity and learning

Nick Rowe

Debunking economics

Parte I. Parte II

Debunking macroeconomics. En el blog

Profeta de Europa

Aca

Kalecki in relation to MMT

Aca

Lecciones de la política monetaria de los 30s

En Inglaterra

Towards a 21st century monetary and banking system

Aca

Y además: Where does money come from?

Vertical/Horizontal vs Exogenous/Endogenous

Aca

Income distribution in advanced capitalist economies

Aca

Keynes vs Hayek

Aca

Daniel Kuehn

La importancia de Hayek en la macro del siglo XX. Más. Más del debate

Enough already! Pete Boettke

Daniel Kuehn y Brad DeLong

Daniel Kuehn otra vez. Y aca
David Glasner Algunas diferencias entre los dos

Irving Fisher and the new normal

Aca

Some unpleasant fisherian arithmetic

Shovel ready

Aca. Mas

Negative natural rates of interest and NGDP targets

Nick Rowe

Gustav Cassel foresaw the Great Depression

Aca. Tyler Cowen Gustav Cassel on Hoover's mistake and monetary policy failure

El fin del euro

Algunos que acertaron. Wynne Godley

The Economist

Felix Salmon

Going right to the top in Europe

Is this the end?

Death of a currency as eurogeddon approaches

What are they thinking?

The euro area is coming to an end

Who killed the eurozone?

Europe's disastrous summit

A disastrous failure at the summit

What's the best shape for the AD curve?

Nick Rowe

What moves the interest rate term structure?

La Fed de San Francisco

Credible lenders of last resort use price, not quantity signals

Aca

Neo wicksellian macro

Aca. Yield curves and recessions

Errores en Mankiw

Aca

Reglas vs discreción

Un poco de historia

Negative real interest rates

Aca

Leccion del banco central suizo a la Fed

Aca. Más

The monetary and fiscal nexus of neo-chartalism: A friendly critical look

Paper de Mark Lavoie

Viejo debate en Inglaterra sobre unirse al euro

Aca

Kalecki: 'Political aspects of full employment'

Aca

80 años atrás y hoy

Scott Sumner compara las situaciones

Que saben los economistas?

Respuestas heterodoxas