Macroeconomics

Macroeconomics

A community portal about Macroeconomics with blogs, videos, and photos. According to Wikipedia.org: Macroeconomics is a sub-field of economics that examines the behavior of the economy as a whole, once all of the individual economic... [more]

A community portal about Macroeconomics with blogs, videos, and photos. According to Wikipedia.org: Macroeconomics is a sub-field of economics that examines the behavior of the economy as a whole, once all of the individual economic decisions of companies and industries have been summed. Economy-wide phenomena considered by macroeconomics include Gross Domestic Product and how it is affected by changes in unemployment, national income, rate of growth, and price levels.

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|Peter Boettke| Let me state this one more time with feeling -- while there may be macroeconomic problems, there are only microeconomic explanations and solutions. Aggregate variables do not interact with one another independent of the choices of individuals. And...  
From austrianeconomists.typepad.com ()
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I mention Scott Sumner a lot on this blog. Why? Because I see him as sticking up for mainstream macroeconomics. I myself have been pushing a non-mainstream idea, sort of a muddle between Leijonhufvud and Hayek that I call the...  
From econlog.econlib.org ()
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Nick Rowe compares and contrasts climate science with macroeconomics. After listing some similarities, he turns to differences. D1. Macroeconomists are trying to explain people; climate scientists aren't. People are harder to explain. In particular, people's behaviour depends on what they...  
From econlog.econlib.org ()
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Hosted by Annie Leonard, the creator of the viral video hit The Story of Stuff, (viewed worldwide over 8 million times), the Story of Cap & Trade is the first in a series of six short films the Story of Stuff Project is releasing over the coming year with Free Range Studios and more than a dozen of the world's leading sustainability organizations. Special thanks to ProtoShare for sponsoring this month's RSS feed.One third of the cost in...  
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When Paul DeGrauwe presented this paper at the What's Wrong with Modern Macroeconomics conference (papers here), his argument that rational expectations models are the intellectual heirs of central planning seemed to ruffle a few feathers: Top-down versus bottom-up macroeconomics, by...  
From economistsview.typepad.com ()
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