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International Economics

Summary:
This week we have David Fields back to talk about international economics, a topic that is poorly underserved in the economic community. David's work centers on the intricacies concerning the interactions of foreign exchange & capital flows with economic growth, fiscal & monetary policy, and distribution, whereby critical attention is paid to the notion of endogenous money. He also delves into the political economy of regional development to study patterns with respect to the nature of housing, social stratification, and community planning. He is based in Salt Lake City, UT, and writes for, and is an administrator of, the Monetary Policy Institute Blog: https://medium.com/@monetarypolicyinstitute His academic publications can be found here:

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This week we have David Fields back to talk about international economics, a topic that is poorly underserved in the economic community.



David's work centers on the intricacies concerning the interactions of foreign exchange & capital flows with economic growth, fiscal & monetary policy, and distribution, whereby critical attention is paid to the notion of endogenous money. He also delves into the political economy of regional development to study patterns with respect to the nature of housing, social stratification, and community planning.



He is based in Salt Lake City, UT, and writes for, and is an administrator of, the Monetary Policy Institute Blog: https://medium.com/@monetarypolicyinstitute



His academic publications can be found here: https://www.researchgate.net/profile/David-Fields-5
Steve Keen
Steve Keen (born 28 March 1953) is an Australian-born, British-based economist and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific and empirically unsupported. The major influences on Keen's thinking about economics include John Maynard Keynes, Karl Marx, Hyman Minsky, Piero Sraffa, Augusto Graziani, Joseph Alois Schumpeter, Thorstein Veblen, and François Quesnay.

2 comments

  1. GhostOnTheHalfShell

    Just bringing to dip into the initial chapters of Blatt's book. The opening salvos are hilarious enough. It's like a Looney Toon canon aimed squarely at Yosemite Sam by Bugs Bunny. Much mirth will be had.

    Ty, I do fear you're sweeping quite a lot into one model. You might melt your computer with one more wafer thin component, lol, but also there's clarity focusing on specific dynamics. ECMWF don't incorporate the economy… for a reason.

    • There is a need for a one large integrated economic, biosphere model, my rule is: if at the end build, a stock variable is not involved in a feedback loop, it gets eliminated. So there are points during the construction that elements are underserved and then times when elements are overserved. What I can say is when it is done, what is needed will be employed and what is not will be discarded.

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