Prime, Policy Research in Macroeconomics

This article first appeared in the Indian journal Economic and Political Weekly on 17 July, 2021. First, let me answer the question in the title: I do not know because, according to conventional theories, when the realised and expected inflation rates are as high as they are in the United States (US), the long-term US Treasury yields should go up. Although the realised and expected inflation rates have been going up since April 2021, the long-term US Treasury yields, however, have not been...

Book Review, Mr Keynes’ Revolution: A Novel, E. J. Barnes, 2020, Greyfire publishing.In Mr Keynes’ Revolution, Emma Barnes makes Keynes the subject of a novel, and does so brilliantly. I cannot recommend the book highly enough to anyone interested in Keynes and wanting to get a sense of what he – and his economics – is about.I am no literary critic, but found the story-telling dramatic, highly engaging and touching. Above all (for me) Barnes has a powerful and sophisticated sense of the...

Book Review, Mr Keynes’ Revolution: A Novel, E. J. Barnes, 2020, Greyfire publishing.In Mr Keynes’ Revolution, Emma Barnes makes Keynes the subject of a novel, and does so brilliantly. I cannot recommend the book highly enough to anyone interested in Keynes and wanting to get a sense of what he – and his economics – is about.I am no literary critic, but found the story-telling dramatic, highly engaging and touching. Above all (for me) Barnes has a powerful and sophisticated sense of the...

Book Review, Mr Keynes’ Revolution: A Novel, E. J. Barnes, 2020, Greyfire publishing. In Mr Keynes’ Revolution, Emma Barnes makes Keynes the subject of a novel, and does so brilliantly. I cannot recommend the book highly enough to anyone interested in Keynes and wanting to get a sense of what he – and his economics – is about. I am no literary critic, but found the story-telling dramatic, highly engaging and touching. Above all (for me) Barnes has a powerful and sophisticated sense of the...

Bill Gates: How to avoid a climate disaster : Review for the Times Literary Supplement, published on 12 March, 2021.When I first began to use computers in the 1980s, my Techie pals in the opensource community were dismissive of Microsoft’s ‘clunky’ and vulnerable software and advised me against using its products. But I disagreed. In the eyes of geeks, the software may have been badly coded but it was accessible for me, a non-geeky beginner. For each glitch I just hit ‘update’ and Microsoft...

Bill Gates: How to avoid a climate disaster : Review for the Times Literary Supplement, published on 12 March, 2021.When I first began to use computers in the 1980s, my Techie pals in the opensource community were dismissive of Microsoft’s ‘clunky’ and vulnerable software and advised me against using its products. But I disagreed. In the eyes of geeks, the software may have been badly coded but it was accessible for me, a non-geeky beginner. For each glitch I just hit ‘update’ and Microsoft...

Bill Gates: How to avoid a climate disaster : Review for the Times Literary Supplement, published on 12 March, 2021. When I first began to use computers in the 1980s, my Techie pals in the opensource community were dismissive of Microsoft’s ‘clunky’ and vulnerable software and advised me against using its products. But I disagreed. In the eyes of geeks, the software may have been badly coded but it was accessible for me, a non-geeky beginner. For each glitch I just hit ‘update’ and...

When I first began to use computers in the 1980s, my Techie pals in the opensource community were dismissive of Microsoft’s ‘clunky’ and vulnerable software and advised me against using its products. But I disagreed. In the eyes of geeks, the software may have been badly coded but it was accessible for me, a non-geeky beginner. For each glitch I just hit ‘update’ and Microsoft programmes were patched up.Bill Gates brings those breezy and accessible characteristics to his book How to avoid a...

When I first began to use computers in the 1980s, my Techie pals in the opensource community were dismissive of Microsoft’s ‘clunky’ and vulnerable software and advised me against using its products. But I disagreed. In the eyes of geeks, the software may have been badly coded but it was accessible for me, a non-geeky beginner. For each glitch I just hit ‘update’ and Microsoft programmes were patched up. Bill Gates brings those breezy and accessible characteristics to his book How to avoid a...

When I first began to use computers in the 1980s, my Techie pals in the opensource community were dismissive of Microsoft’s ‘clunky’ and vulnerable software and advised me against using its products. But I disagreed. In the eyes of geeks, the software may have been badly coded but it was accessible for me, a non-geeky beginner. For each glitch I just hit ‘update’ and Microsoft programmes were patched up.Bill Gates brings those breezy and accessible characteristics to his book How to avoid a...