Showing posts with the label Micro vs. macro

Summers on growth and stimulus - Barokong

Larry Summers has an important, and 95% excellent, Financial Times column. Larry is especially worth listening to. I ca…

Interview, talk, and slides - Barokong

I did an interview with Cloud Yip at Econreporter, Part I and Part II, on various things macro, money, and fiscal theor…

Micro vs. Macro - Barokong

The cause of sclerotic growth is the major economic policy question of our time. The three big explanations are 1) We r…

Testimony - Barokong

I was invited to testify at a hearing of the House budget committee on Sept 14. It's nothing novel or revolutionary…

EconTalk - Barokong

As in other recent projects (growth essay,testimony) I'm trying to synthesize, and also to find policies and ways t…

Reis on the state of macro - Barokong

Ricardo Reis has an excellent essay on the state of macroeconomics. "Is something really wrong with macroeconomics…

Summers tweet stream on secular stagnation - Barokong

Larry Summers has an interesting tweet stream (HT Marginal Revolution) on the state of monetary policy. Much I agree wi…

Unemployment insurance pandemic conundrum - Barokong

Should the government make unemployment insurance more generous and easier to get in the pandemic recession? Well, yes,…