I often quote Herr Docktor Professor when I agree with him because he’s got a Nobel Prize and I…
Well, I have many accomplishments I’m quite proud of but a Nobel Prize in Economics is not among them.
Recently he’s published two summaries of his pieces on macroeconomics that I’d like to draw to your attention before they scroll away and get hard to find-
Macro Readings, Self-Referential Edition, June 10, 2011
- The humbling of the Fed (wonkish), September 22, 2008
- Macro policy in a liquidity trap (wonkish), November 15, 2008
- Optimal fiscal policy in a liquidity trap (ultra-wonkish), December 29, 2008
- A Dark Age of macroeconomics (wonkish), January 27, 2009
- Liquidity preference, loanable funds, and Niall Ferguson (wonkish), May 2, 2009
- China’s Water Pistol, March 15, 2010
- Myths of Austerity, July 1, 2010
- Self-defeating Austerity, July 7, 2010
- More On Friedman/Japan, October 29, 2010
- The Instability of Moderation, November 26, 2010
- Reposted: Sam, Janet, and Debt, June 8, 2011
Macro Readings Update, June 13, 2011
(note: He includes some duplicates I have omitted. Also I have arranged them chronologically.)
- A history lesson for Alan Meltzer, May 4, 2009
- America’s Chinese disease (not quite what you think), October 19, 2009
- Core Logic, February 26, 2010
- Japan 1998, August 31, 2010
- The Doctrine of Immaculate Transfer, January 12, 2011
- "Currency Wars" and the Impossible Trinity (Wonkish), May 9, 2011
Now just because I’m drawing them to your attention does not constitute endorsement. I think Krugman’s criticisms of Modern Monetary Theory miss the mark almost entirely and he makes frequent category errors, too charitably ascribing to ignorance positions that are mercenary at best and motivated by pure evil in other cases.
Still, it’s not every Nobel Prize winning professor who gives away his lectures for free.
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