History/Background Info
A battle for the soul of macroeconomics
https://qz.com/150779/the-shakeup-at-the-minneapolis-fed-is-a-battle-for-the-soul-of-macroeconomics-again/
The Austerity Debate in Europe
A battle for the soul of macroeconomics
https://qz.com/150779/the-shakeup-at-the-minneapolis-fed-is-a-battle-for-the-soul-of-macroeconomics-again/
The return of schools of thought in macroeconomics
How Effective is Economic Theory?
The Austerity Debate in Europe
Austerity in Europe - A Natural Economic Experiment
https://voxeu.org/article/slow-recoveries-through-fiscal-austerity
US Political Debate
The Monetarist Fantasy Is Over – THE UK
SITUATION
US Political Debate
Trump's
Disastrous Budget Deal Has Killed the Tea Party
Peter Schiff notes:
“In short,
here's how the two parties operate: Democrats promise to raise spending and
raise taxes, Republicans promise to cut spending and cut taxes. But, whereas
Democrats have generally succeeded in both of their aims when they have power,
Republicans have just succeeded in cutting taxes BUT NOT spending. (spending
cuts require politically difficult choices that are much harder to vote for
than perennially popular tax cuts). This puts a giant thumb on the Republicans'
budgetary scale.”
Krugman on Zombie Ideas
How High Should Government Debt Go? Economists
Can’t Agree
https://www.wsj.com/articles/how-high-should-government-debt-go-economists-cant-agree-11581865200
Two Competing Perspectives:
