Reform and revolution in macroeconomics

Mainly for economists Paul Romer has a few recent posts (start here , most recent here ) where he tries to examine why the saltwater/freshw...

The F story about the Great Inflation

Here F could stand for folk. The story that is often told by economists to their students goes as follows. After Phillips discovered his cur...

Multipliers and evidence

I should be more careful with titles. The title of this post may have misled some ( including Paul Krugman) to characterise what I was say...