All posts in category Great Recession

Original Sin of the Macroeconomics

I’ve been reading articles on the Keynesian/NeoFisherian debate for a while. It’s an interesting debate for me. Before commenting on the debate, I’d better start from the Great Recession. After the Great Recession, three “heterodox” objections arose in the field of monetary economics – schools of thought that rejecting the mainstream models. In my opinion, […]

Grasping the Root

The Joint Economic Committee recently published a new annual report, written by Alan Cole. In my opinion, the report is ten times better than all of the qualified economic journals written in 2020.It’s not possible to review the entire report here, but I will share some parts that I like. Let’s start with the Great […]

Lessons From the Past

Studying pre-modern economic history and economic trends can teach a lot. You can take many different perspectives, especially when studying the first invention of money, the Roman period (specifically the 3rd-century crisis), and the High Medieval economy. Years ago, while studying pre-modern economic history for the first time, I wondered how money was invented. Until […]