Ever wanted a basic overview of the various schools of economics? Of course you didn’t, but I will give it to you anyhow.
New white paper of mine at SSRN on QE. It’s a brief primer that offers a succinct undertanding of QE and debunks some misunderstandings…
Just an FYI here. I added a reference page in the “tools and resources” dropdown along with some other myth busting posts. This one covers some of the more popular myths about the Federal Reserve. If you can think of any I should add please let me know. Thanks.
Heidi Moore asked a good question on Twitter yesterday about the most prominent myths in economics. I started to list a few, but I thought it might be worth touching on a handful of the more destructive ones in some detail. A lot of this will be very familiar to regulars, but should provide a nice summary regardless. So here we go:
Business Insider is running a cool feature on “books that changed our lives”. It covers 24 different opinions on different books. I had to laugh at the Macreconomics selection (the [ … ]
I got this question in the forum over the weekend and I think it’s an important one since I seem to get it quite often. It’s interesting to note that [ … ]
Moneyness: Refers to how pure a particular type of asset or financial asset is in meeting the definition of “money” as a means of final payment.
One of the keys to understanding Monetary Realism and the modern monetary system (see full explanation here) is understanding the various forms of money that exist within the system. For this [ … ]
Just in case you’ve missed this….I’ve added a big resources page at the Orcam website. It’s much better organized than anything here at Pragcap. This blog is obviously just a [ … ]