Mostrando entradas con la etiqueta Keynes. Mostrar todas las entradas
Mostrando entradas con la etiqueta Keynes. Mostrar todas las entradas
martes, 26 de noviembre de 2013
miércoles, 13 de noviembre de 2013
jueves, 5 de septiembre de 2013
martes, 27 de agosto de 2013
jueves, 1 de agosto de 2013
domingo, 28 de julio de 2013
miércoles, 3 de julio de 2013
jueves, 20 de junio de 2013
miércoles, 22 de mayo de 2013
domingo, 19 de mayo de 2013
martes, 7 de mayo de 2013
domingo, 5 de mayo de 2013
“In the long run we are all dead”: What did Keynes mean by that?
Aca
"In other words, the famous “in the long run we are all dead” statement was about the long run and short run effects as predicted by the quantity theory, not about deficit spending or Keynesian stimulus. In essence, Keynes’s passage boils down to the instability of the demand to hold money.
...
So what we have here is Keynes the quasi-monetarist advocating short-term monetarist solutions to changes in the demand to hold money. To avoid destabilising price level shocks, Keynes argued that the bank rate must be changed. The neoclassical theory held that in the long run markets would adjust and return to full employment equilibrium in response to shocks, and Keynes seems to have agreed, but – like other Marshallian neoclassicals – argued that short term pain from the destabilising forces of deflation during recessions was unnecessary and monetary interventions should be used to stabilise economies."
Matias Vernengo
Paul Krugman, Brad DeLong (y otros)
"In other words, the famous “in the long run we are all dead” statement was about the long run and short run effects as predicted by the quantity theory, not about deficit spending or Keynesian stimulus. In essence, Keynes’s passage boils down to the instability of the demand to hold money.
...
So what we have here is Keynes the quasi-monetarist advocating short-term monetarist solutions to changes in the demand to hold money. To avoid destabilising price level shocks, Keynes argued that the bank rate must be changed. The neoclassical theory held that in the long run markets would adjust and return to full employment equilibrium in response to shocks, and Keynes seems to have agreed, but – like other Marshallian neoclassicals – argued that short term pain from the destabilising forces of deflation during recessions was unnecessary and monetary interventions should be used to stabilise economies."
Matias Vernengo
Paul Krugman, Brad DeLong (y otros)
martes, 5 de marzo de 2013
Keynes and Hawtrey
Primera parte.
Segunda parte: The Treatise on Money and discovering the multiplier.
Hayek vs Hawtrey on the trade cycle
Tercera parte: The General Theory
Cuarta parte: On british monetary policy after rejoining the gold standard
Quinta parte:On the rate of interest that matters
Liquidity trap or credit deadlock?
Sobre 'Good and bad trade' de Hawtrey
Segunda parte: The Treatise on Money and discovering the multiplier.
Hayek vs Hawtrey on the trade cycle
Tercera parte: The General Theory
Cuarta parte: On british monetary policy after rejoining the gold standard
Quinta parte:On the rate of interest that matters
Liquidity trap or credit deadlock?
Sobre 'Good and bad trade' de Hawtrey
domingo, 27 de enero de 2013
jueves, 24 de enero de 2013
jueves, 17 de enero de 2013
viernes, 28 de diciembre de 2012
jueves, 13 de diciembre de 2012
lunes, 10 de diciembre de 2012
lunes, 15 de octubre de 2012
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