Steve Keen gives a lecture here on monetary macroeconomics, held (I think) in May 2013 in Seattle. The sound is not the best, and the actual talk begins around 34.00.
Sunday, June 16, 2013
Saturday, June 15, 2013
Bill Mitchell on the British IMF Loan of 1976
Bill Mitchell has two posts here examining the background to the UK’s government IMF loan of 1976:
As Mitchell notes, this was the “defining moment in the struggle between the existing Keynesian macroeconomic orthodoxy and the emerging Monetarist rival.”
But it is misunderstood and there are myths about it. Required reading.
Bill Mitchell, “Case Study – British IMF loan 1976 – Part 1,” Billy Blog, June 7, 2013.His series of posts is not yet complete, however.
Bill Mitchell, “Case Study – British IMF loan 1976 – Part 2,” Billy Blog, June 14, 2013.
As Mitchell notes, this was the “defining moment in the struggle between the existing Keynesian macroeconomic orthodoxy and the emerging Monetarist rival.”
But it is misunderstood and there are myths about it. Required reading.
Labels:
1976,
Bill Mitchell,
British IMF Loan
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