A couple of links to things I have been working on... My paper entitled, "The Riksbank, Emergency Finance, Policy Experimentation, and Sweden's Reversal of Fortune" is now forthcoming at the Journal of Economic Behavior and Organization. The paper includes a lot of background on Swedish governance and fiscal capacity, as well as information about the…

The Everyday Economist

30.11.2022

Macroeconomic Policy and the Coronavirus | The Everyday Economist

(The post is also going to be cross-posted at Lars Christensen's Market Monetarist blog.) As the coronavirus spreads across the world, there is growing concern about the economic implications of the virus and what, if any, policy action is required of governments. Some have proposed traditional stimulus measures to counteract the virus while others have…

The Everyday Economist

30.11.2022

On Exhaustible Resources | The Everyday Economist

Yesterday, George Monbiot wrote in the Guardian that the survival of capitalism relies on persistent economic growth and persistent economic growth is impossible in the long-run because there are finite resources in the world. In response, I made the following popular, but sarcastic tweet. https://twitter.com/RebelEconProf/status/1176133086557245441 The tweet was meant to be funny. The format itself…

The Everyday Economist

30.11.2022

On Exhaustible Resources, Part 2 | The Everyday Economist

Yesterday's post on exhaustive resources has drawn a lot of ire from critics. Some have argued that I didn't address the problem of economic growth. In short, the argument is that there are two sources of economic growth. The first is that increased efficiency of resources allows us to produce more stuff with the same…

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Some Links | The Everyday Economist

Macroeconomic Policy and the Coronavirus | The Everyday Economist

On Exhaustible Resources | The Everyday Economist

On Exhaustible Resources, Part 2 | The Everyday Economist

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