by Summary:
The role of prices and inflation in neo-classical ("mainstream") economic theory is awkward for us non-mainstream inclined. The price level is simultaneously of critical important for explaining activity as well as being an outcome of other parts of the economy. This makes the subject of inflation extremely awkward for my planned book on business cycles -- as I am pushing the subject of inflation to a later book. Instead, I only aim to have a short chapter explaining the absence of inflation analysis. This article are some preliminary comments that I hope to work into that chapter.... Bond Economics Coming To Grips With Neoclassical Views On Inflation And The CycleBrian Romanchuk
Topics:
Mike Norman considers the following as important: inflation
This could be interesting, too:
The role of prices and inflation in neo-classical ("mainstream") economic theory is awkward for us non-mainstream inclined. The price level is simultaneously of critical important for explaining activity as well as being an outcome of other parts of the economy. This makes the subject of inflation extremely awkward for my planned book on business cycles -- as I am pushing the subject of inflation to a later book. Instead, I only aim to have a short chapter explaining the absence of inflation analysis. This article are some preliminary comments that I hope to work into that chapter.... Bond Economics Coming To Grips With Neoclassical Views On Inflation And The CycleBrian Romanchuk
Topics:
Mike Norman considers the following as important: inflation
This could be interesting, too:
NewDealdemocrat writes Another strong personal income and spending report, but beware the uptick in inflation
Matias Vernengo writes The Argentina of Javier Milei
Angry Bear writes Open Thread, April 12 2024 Inflation Increases – Look to Gasoline and Shelter
Angry Bear writes Open Thread March 17 2024, January and February were rough months for inflation
The role of prices and inflation in neo-classical ("mainstream") economic theory is awkward for us non-mainstream inclined. The price level is simultaneously of critical important for explaining activity as well as being an outcome of other parts of the economy. This makes the subject of inflation extremely awkward for my planned book on business cycles -- as I am pushing the subject of inflation to a later book. Instead, I only aim to have a short chapter explaining the absence of inflation analysis. This article are some preliminary comments that I hope to work into that chapter....Bond Economics
Coming To Grips With Neoclassical Views On Inflation And The Cycle
Brian Romanchuk