Roger Farmer's Economic Window

Simon Wren-Lewis has a nice post discussing Paul Romer’s critique of macro. In Simon's words: "It is hard to get academic ma...

The financial markets are in turmoil . We are dangerously close to the next financial crisis.   The FTSE in the UK is down by 13% from its ...

In my last post I pointed out that it is not enough for monetary policy to guide the economy back to the natural rate of interest. Cent...

Narayana Kocherlakota makes the case for more public debt. Paul Krugman and Steve Williamson agree. (I have to keep rereading that sente...

In a recent post I made this comment about China’s decision to intervene in its own stock market. China is holding more than $1.2 trilli...

I love this quote (with my amendments for economists)  from the NY Times article about Terrence Tao.  The true work of the mathematician ...

A debate on the monetary transmission mechanism was recently reignited on the blogs with a post by Noah Smith , posts from  Nick Rowe  and...