Lars P. Syll

So arm ist Putin wirklich … .[embedded content]

Significance testing and the real tasks of social science After having mastered all the technicalities of regression analysis and econometrics, students often feel as though they are masters of the universe. I usually cool them down with the required reading of Christopher Achen’s modern classic Interpreting and Using Regression. It usually gets​ them back on track again, and they understand that no increase in methodological sophistication … alter the...

Sverige behöver en hållbar riksbankslag Ett lands centralbank har makten att skapa pengar och styra hur dessa används. Det gör Riksbanken till en avgörande institution för Sveriges möjligheter till hållbar omställning. Ska denna makt kunna användas på ett konstruktivt sätt måste Riksbankens mål och verktygslåda uppdateras. Annars finns risk att penningpolitiken fortsätter på den tidigare kritiserade banan där låg ränta och kvantitativa lättnader blåst...

Adorno in 60 Minuten .[embedded content]

The main insight of MMT MMT is, first and foremost, a balance sheet approach to macroeconomics. At its very core lie reserve accounting, then deposit accounting, and then sectoral balances accounting. There is very little behaviour in any of this. Equilibrium rules as all balances balance – in both flows and stocks – and there are no assumptions apart from the existence of a central bank, a Treasury, a banking system and some households and firms. MMT can...

.[embedded content] Max von Sydow (1929-2020) was a Swedish actor who featured in more than 100 films and TV series. He made many memorable roles, but the one that has touched me most is as the father in Pelle Erobreren — based on Martin Andersen Nexö’s epic masterpiece. Bille August directed. Stefan Nilsson wrote the music. Max von Sydow made the performance of his life. And it breaks my heart every time I watch it.

.[embedded content]

Quand on n’a que l’amour pour parler aux canons .[embedded content] Une grande chanson d’espoir. Quand on a que l’amour À offrir à ceux-là Dont l’unique combat Est de chercher le jour Alors sans avoir rien Que la force d’aimer Nous aurons dans nos mains Amis, le monde entier

.[embedded content]

Has economics — really — become an empirical science? In Economics Rules (Oxford University Press, 2015), Dani Rodrik maintains that ‘imaginative empirical methods’ — such as game theoretical applications, natural experiments, field experiments, lab experiments, RCTs — can help us to answer questions concerning the external validity of economic models. In Rodrik’s view, they are more or less tests of ‘an underlying economic model’ and enable economists to...