Papers presented at the conference on “Macroeconomic Models for Monetary Policy” held March 6, 2009, at the Federal Reserve Bank of San Francisco addressed such issues as how to model wage and price ...

It is a sort of weird article because they just say “consumption tax, but designed to be progressive,” which is… pretty hand-wavey I guess? @Locke suggested a land value tax instead. (Georgism is, of ...

The macro economy, like the global climate, is a complex system (highly nonlinear and buffeted by random shocks) that defies attempts to model it and predict its future path. The challenge of ...

Journal Editorial Report: The week's best and worst from Kim Strassel, Jason Riley and Dan Henninger. Images: Bay Area News Group/AP/Zuma Press/iStock Photo Composite: Mark Kelly In a famous 1972 ...

Financial crises occur out of prolonged and credit-fueled boom periods and, at times, they are initiated by relatively small shocks that can have large effects. Consistent with these empirical ...

The National Academies will convene a workshop to improve understanding of the relationships between the macroeconomy and climate change and climate-related impacts. The workshop will consider ...

“Europe and the world should once again view Germany with admiration rather than bewilderment,” proclaimed Friedrich Merz in the video message announcing his candidacy for the chancellorship in the ...

Economic Model Predictive Control (EMPC) represents an evolution of traditional control strategies, where the primary objective is to directly optimise an economic cost function rather than merely ...

It seems like we have a sustained tangent in the “domestic consequences” thread, about modern monetary theory (MMT) and why it is good, or bad. I contributed to the tangent, but (as I was hopefully ...