Roger Farmer's Economic Window

A space for quotes, graphs, thoughts and blogs

Sunday, June 28, 2015

The Economics of George Orwell

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Diane Coyle has a nice review of Richard Thaler's new book,  Misbehaving . Diane's review is, for the most part, appropriately laud...
7 comments:
Thursday, June 18, 2015

Multiple Equilibria and Financial Crises

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In May of this year, Jess Benhabib and I organized a conference at the Federal Reserve Bank of San Francisco with much help from  Kevin Lan...
2 comments:
Friday, June 12, 2015

Running a Surplus in Normal Times is Keynesian

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In a recent letter to The Guardian , a coterie of mainly English academics has criticized George Osborne's Mansion House speech in which...
9 comments:
Sunday, June 7, 2015

How to Fix the Banks: Revisited

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The bankers are angry . They feel the regulations designed to prevent another meltdown are cramping their style. Their bonuses are down. I a...
4 comments:
Saturday, May 23, 2015

GDP: A Brief But Affectionate Review

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For a neo-paleo-Keynesian like me, the first week of an undergraduate macroeconomics lecture is taken up with accounting: Tedious but neces...
5 comments:
Tuesday, May 19, 2015

Thought for the Day: Animal Spirits as a New Fundamental

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  In IS-LM models there is always something in the background shifting the IS curve.  What is it?   In my view that 'something' i...
5 comments:
Tuesday, May 12, 2015

Multiple Equilibria and Financial Crises

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Models of sunspots and multiple equilibria were developed in the 1980s as an alternative to the dominant Real Business Cycle agenda. For th...
6 comments:
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Roger Farmer
This blog posts occasional pieces about macroeconomics based on a unique blend of Keynesian and classical ideas.
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