MIT eta MMT

 

MIT

Paul Krugman:

The M.I.T. Gang

(http://www.nytimes.com/2015/07/24/opinion/paul-krugman-the-mit-gang.html?_r=0)

Artikuluan aipatutakoak:

Ben Bernanke has an M.I.T. Ph.D.; so do Mario Draghi, the president of the European Central Bank, and Olivier Blanchard, the enormously influential chief economist of the International Monetary Fund. Mr. Blanchard is retiring, but his replacement, Maurice Obstfeld, is another M.I.T. guy — and another student of Stanley Fischer, who taught at M.I.T. for many years and is now the Fed’s vice chairman.”Obstfeld, is another M.I.T. guy — and another student of Stanley Fischer, who taught at M.I.T. for many years and is now the Fed’s vice chairman.”

Egia:

The truth, although nobody will believe it, is that the economic analysis some of us learned atM.I.T. way back when has worked very, very well for the past seven years. .

Fed eta EBZ:

The Fed, led by Mr. Bernanke, ignored right-wing pressure and threats (…) and pursued an aggressively expansionary policy that helped limit the damage from the financial crisis. In Europe, Mr. Draghi’s activism has been crucial to calming financial markets, probably saving the euro from collapse.”

MMT/DTM

DTMko bostak:

(https://www.unibertsitatea.net/blogak/heterodoxia/2015/07/22/bostak/)

analytical warnings of the European Union’s current debt crisis given separately a decade or more ago by five economists:  Wynne Godley (1997), L. Randall Wray (1998), Mathew Forstater (1999), Warren Mosler (2001) and Stephanie Bell (2002).”

Randall Wray:

MMT: A Doubly Retrospective Analysis

(http://neweconomicperspectives.org/2011/12/mmt-doubly-retrospective-analysis.html)

And we’ve got Paul Krugman and Brad DeLong trying to explain what is wrong with MMT even as they “borrow” our ideas. And policy makers including Bernanke spouting off about government spending using keystrokes, sounding like good MMTers. Without attribution.”

Paul Krugman eta Randall Wray:

(https://www.unibertsitatea.net/blogak/heterodoxia/2013/06/04/paul-krugman-eta-randall-wray/)

Randall Wray-ek Paul Krugman-i buruz:

(https://www.unibertsitatea.net/blogak/heterodoxia/2014/06/25/randall-wray-ek-paul-krugman-i-buruz/)

Krugman: 15 urte igaro ondoren:

(https://www.unibertsitatea.net/blogak/heterodoxia/2014/07/19/krugman-15-urte-igaro-ondoren/)

Warren Molser:

Paul Krugman eta Warren Mosler:

(https://www.unibertsitatea.net/blogak/heterodoxia/2013/12/11/paul-krugman-eta-warren-mosler-2/)

Paul Krugman eta Warren Mosler (Who is Who?):

(https://www.unibertsitatea.net/blogak/heterodoxia/2014/02/04/paul-krugman-eta-warren-mosler-who-is-who/)

QE: Mosler eta Draghi, berriz…:

(https://www.unibertsitatea.net/blogak/heterodoxia/2015/01/23/qe-mosler-eta-draghi-berriz/)

Mario Draghi eta Euroa:

(https://www.unibertsitatea.net/blogak/heterodoxia/2013/02/09/mario-draghi-eta-euroa/)

Mario Draghi eta…:

(https://www.unibertsitatea.net/blogak/heterodoxia/2015/04/17/mario-draghi-eta/)

(DTMkoek MITkoei egindako kritikaz, ikus UEUko bloga: https://www.unibertsitatea.net/blogak/heterodoxia/)

Gehigarria:

Paul Krugman: Revenge of the Optimum Currency Area (2013)

http://www.nber.org/chapters/c12759.pdf

as far as I know nobody, or almost nobody, foresaw that countries hit by adverse asymmetric shocks would face fi scal burdens so large as to call government solvency into question…”

Scott Fullwiler@stf18 uzt. 23

.@ProfSteveKeen PK 2012 (p.444)–“almost nobody” saw it (EMU fiscal crises) coming. http://www.nber.org/chapters/c12759.pdf … Where have we heard that before?

Warren B. Mosler@wbmosler uzt. 23

@stf18 @ProfSteveKeen thinly disguised ‘only nobodies’ saw it coming jab… 🙁


Iruzkinak (2)

  • joseba

    Three UMKC Professors Among The Nine Who Predicted Eurozone Crisis:

    http://kcur.org/post/three-umkc-professors-among-nine-who-predicted-eurozone-crisis

    “…the steps that President Roosevelt took after the economy crashed in 1929. Roosevelt and his government completely reformed the financial system, Wray said. They shut all the banks down and only allowed the healthier ones to reopen. They also clamped down on Wall Street and tightly constrained it for decades.
    As a result, the economy came out of World War II strong and robust, and the United States had no financial crises for a whole generation.
    “This time, we did not reform Wall Street at all. They are back to doing most of the things they were doing in 2006,” he said.
    “We should have used the opportunity of the crisis to get some real reforms and real constraints on the financial system. We didn’t do that.””

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