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10 fallacies of the Great Recession

10 fallacies of the Great Recession

I am getting a new (work) computer so I have been doing a bit of clean up on my old computer. While doing the clean-up I came across the following list that I apperantly did at some point.

Šimon Biľo on Hayek's Business Cycle Theory
A framework for applied macroeconomic forecasting (part 2)

A framework for applied macroeconomic forecasting (part 2)

In my previous blog post I outlined a four-equation model to be used for real-world macroeconomic forecasting. In today’s post I will look a bit closer at one of these equations - or rather I will discuss how we can think about forecasting the supply side of the economy.

A framework for applied macroeconomic forecasting (part 1)

A framework for applied macroeconomic forecasting (part 1)

Most economists who have worked as macro economists for governments, central bank or commercial banks will sooner or later be engaged in doing macroeconomic forecasting.

Putin’s hopes for monetary miracles

Putin’s hopes for monetary miracles

There is a lot of focus on what Russian President Vladimir Putin is saying these days. However, it is mostly about geopolitics and much less about his views on economics and particularly on central banking. However, I came across some interesting comments from Putin on monetary policy, which quite well illustrates some of the problems with his – or rather his lack of – economic thinking.

Revisiting the discretionary decision to introduce rules

Revisiting the discretionary decision to introduce rules

A couple of days ago Scott Sumner had an interesting post on the theme “It’s policy regime that needs fixing”.

This is how worried Dr. Copper is about the Chinese economy  (the one graph version)
Recession time for Russia - the ultra wonkish version

Recession time for Russia - the ultra wonkish version

I have long been a proponent of what I have called the Export Price Norm (EPN). The idea with EPN is that commodity exporting countries can ensure stable nominal spending growth by pegging their currency to either the price of the country’s main export good or to a basket of the export product and a foreign currency.

A dead hamster, some dead dictators, my birthday...and an iron curtain

A dead hamster, some dead dictators, my birthday...and an iron curtain

March 5th is my birthday (yes, I am turning 43 today)

My interview on Radio Free Europe about Ukraine/Russia

My interview on Radio Free Europe about Ukraine/Russia

As geo-political tensions continue to increase and all eyes are on Ukraine I have been very busy analysing and talking about the impact on the markets and the global economy.

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