The First Global Financial Crisis of the 21st Century Part II: June – December, 2008 （Edited by Andrew Felton and Carmen Reinhart, A VoxEU.org Publication） VOXがまた本気出した模様。ちなみに1回目の本気はこちら。 （追記）Macroeconomic Stab…

●Nick Rowe, “Current Fiscal Policy vs. Future Monetary Policy ： Price-level Path Targeting”（Worthwhile Canadian Initiative, January 5, 2009）●Andy Harless, “A Con Game Too Successful for Its Own Good”（Employment, Interest, and Money, Fe…

●Nick Rowe, “Central Banks should bet on recovery - literally”（Worthwhile Canadian Initiative, December 22, 2008） Ben Bernanke should publicly bet $1 trillion dollars that the US economy will recover quickly from deflation and recession.…

●Enrique G. Mendoza, “Crisis lessons from Irving Fisher: Fix the debt-deflation disease, not its symptoms”（VOX, February 12, 2009） In a seminal 1933 article, Mr. Irving Fisher offered a very different and innovative view. He focused on t…

●Daniel B. Klein（1994）, “If Government Is So Villainous, How Come Government Officials Don't Seem Like Villains（pdf）”（Economics and Philosophy, Vol.10, Issue01, pp. 91-106） Another possibility is to say that our intellectual opponent…

●Denis Dutton, “Our Insatiable Appetite for Gloomy News”（New Zealand Herald, August 20, 2003） We love bad news. Don’t blame it on editors: our addiction to gloom, doom, and misfortune is as persistent a fact of the human psyche as our lo…

●Susan Woodward and Robert Hall, “The Fed contracts”（Financial Crisis and Recession, February 2, 2009）●David Altig, “Contraction, not tightening”（macroblog, February 6, 2009） 「Fedの声明では量的緩和に乗り出すと言っておきながら実際には…

●James M. Buchanan（2003）, “Politics Without Romance（pdf）”（Policy, vol.19(3), pp.13-18） 過去の個人的な研究を回顧することが同時に経済学の一分野*1（＝公共選択論）の歴史を語ることにもなる。「知の巨人」とはこういう人のことを言う*2。 *1:ブ…

●Gregory Mankiw（1990）, “A Quick Refresher Course in Macroeconomics（pdf）”（Journal of Economic Literature, vol.28(4), pp.1645-1660） Recent developments in macroeconomic theory will ultimately be judged by whether they prove to be usefu…

●Bruno S. Frey, David A. Savage and Benno Torgler, “Noblesse Oblige? Determinants of Survival in a Life and Death Situation”（CESifo Working Paper Series No. 2425, October 2008） Abstract: This paper explores the determinants of survival i…