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Tag Archives: Lars Syll

The Arthurian — Grab a Barf Bag!

Here's a quote that would make Lars Syll retch: Because DSGE models start from microeconomic principles of constrained decision-making, rather than relying on historical correlations, they are more difficult to solve and analyze. However, because they are also based on the preferences of economic agents, DSGE models offer a natural benchmark for evaluating the effects of policy change.- MathWorks: Modeling the United States Economy "... based on the preferences of economic agents, DSGE...

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Top 10 economic books of the 20th century

Find the errors Lars Syll had a while ago a top 10 list of econ books. So here is my list of the best from the 20th century. Some are there because they are influential, some because I think they are truly the best, and all because in some way they influenced my views. The list by chronological order:1. Imperial Germany and the Industrial Revolution (1915) by Thorsten Veblen 2. The General Theory of Employment, Interest and Money (1936) by John Maynard Keynes 3. The Great...

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