IMF Finance and Development Magazine profiles Sri Mulyani Indrawati, Indonesia's Finance Minister: Over the past two decades, Indonesia has undergone a remarkable transformation. The Southeast Asian nation—a sprawling archipelago of 270 million people, stretching 3,300 miles from west to east, about the same distance as London to Kabul—has increased its GDP fourfold, to $1.4 trillion.…

Mostly Economics

19.12.2024

Using Generative AI Models to Understand FOMC Monetary Policy Discussions | Mostly Economics

Wendy Dunn, Ellen E. Meade, Nitish Ranjan Sinha, and Raakin Kabir in this Fed research: In an era increasingly shaped by artificial intelligence (AI), the public's understanding of economic policy may be filtered through the lens of generative AI models (also called large language models or LLMs). Generative AI models offer the promise of quickly…

Mostly Economics

20.12.2024

The History of Economic Thought as a Living Laboratory | Mostly Economics

Matthew McCaffrey, Joseph T. Salerno and Carmen-Elena Dorobat propose a new way to being HET back to classrooms: Historians of economic thought are usually keen to demonstrate the value of their field to the broader economics profession and to argue for returning it to a prominent place in economics teaching and research. Despite valiant efforts…

Mostly Economics

21.12.2024

Is bitcoin a new financial order or libertarian dystopia? An Answer from Free Banking in Scotland 1727-1845 | Mostly Economics

Francesco Maria Giacomini and Marco Rossi in this paper compares bitcoin to Scottish banking history : This research debunks the myth of Bitcoin as a new financial order by using a historical example. The 2008 financial crisis sparked many doubts over the role of central banks, renewing libertarians' argument for a decentralised system of money…

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Profile of Indonesia’s finance minister Sri Mulyani Indrawati | Mostly Economics

Using Generative AI Models to Understand FOMC Monetary Policy Discussions | Mostly Economics

The History of Economic Thought as a Living Laboratory | Mostly Economics

Is bitcoin a new financial order or libertarian dystopia? An Answer from Free Banking in Scotland 1727-1845 | Mostly Economics

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