Inside the economist s mind phần 2 pdf

... overlapping- generations model, as two classes of households. One class can trade assets against the state of the world, while the other can’t because it is born later, so it has to trade just on the spot market. ... militant Marxist economist. When I developed input–output analysis it was as a response to the weaknesses of classical–neoclassical supply-and-demand analysis. It was...

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Inside the economist s mind phần 1 pdf

... established him as the economists’ economist by raising the standards of the entire profession. Paul Samuelson s classic textbook, Economics, ﬁrst published in 1948, is among the most successful ... to see that the history of economics is not just the history told by the research scientists themselves, but it is a history of the import and impact of ideas (see Bernstein 20 0...

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Inside the economist s mind phần 3 pps

... Economics, is now writing a paper analyzing the East Asian crisis using the same concept to explain the situation there. The relation- ship between the government, banks, and enterprises show signs ... 1956; it was my graduate thesis. Blanchard: Did you choose the topic yourself? Did you have a thesis adviser? Kornai: I did choose the topic myself. I had a thesis adviser; Profes...

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Inside the economist s mind phần 4 pps

... career? Friedman: So far as your questions about economics versus statistics is concerned, you should note that, for the two years before I went to the Statistical Research Group, I was at the U .S. Treasury ... tested and I derived its implications. I tested those implications and, on the whole, they tended to conﬁrm the hypothesis. I suggested additional tests that should be made...

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Inside the economist s mind phần 5 pptx

... hostile 1936 review of The General Theory (occasioned much by Keynes s ﬂippancies about Marshall and the classics”), handsomely acknowledged wisdoms in The General Theory s approaches in his ... only speeds up the day that its industry moves abroad. (2) There has been a 1980 20 03 swing to the right among voters, whose swing away from “altruism” is somewhat proportional to the t...

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Inside the economist s mind phần 6 potx

... but also that they should have smooth time paths. The data show the slow and smooth cross-variable responses, but not the correspondingly smooth time paths. The stickiness paper showed how you could ... underpinnings of the theory has been useful. Now there have also been other papers on this topic that may be what you had in mind. These papers question whether the theory makes a...

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Inside the economist s mind phần 7 pptx

... 20 01. That part of his life has been well documented in newspapers and maga- zines: While at the IMF, he was on the front lines during the Mexican crisis, the Russian crisis, the Asian crises, ... growth theory for so long. The other proposition is that recessions don’t really matter because the loss of consumer surplus is ﬁve decimal places down. That strikes me as a problem...

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Inside the economist s mind phần 8 ppsx

... Economics, better known as EDP, was started in 1978. It has some 120 graduates to date. The ﬁrst of these, a certain Pierre Dehez, set the standards! One of the indicators of success is that EDP has ... you must listen to people who disagree with us. Take the ﬁeld exams as soon as possible and then visit some other university or universities before returning to Belgium.” That is the...

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Inside the economist s mind phần 9 ppt

... theory. statistics GAME THEORY chemistry psychology economics . . . . . biology political science . . . mathematics computer science law of the aspects and understands less and less of the others. ... hands with this stuff.” There is no justiﬁcation for this in the game-theoretic sociology, just as there was no justiﬁcation for it in the mathematics sociology. Each one of these branch...

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Inside the economist s mind phần 10 doc

... asked many of the same questions to both, and focused much of the conversation on the issue of whether it is useful to distinguish a Yale school. Thus, the conversations discuss the work of other ... profession itself, I guess there is a strong current for equi- librium solutions. There always has been. The rational-expectations New Classical real business theory also offered youn...

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