To Students

Teaching and learning monetary economics in a time of crisis can quite exiting, and quite challenging too. New information, new research and new analysis change our field of study everyday. This blog is an instrument to keep track of these changes and link what we do in class with what is happening in the wide world. I will use the blog to point out things that I consider important and interesting (or just funny) - please contribute yourself, use it as a discussion platform, use it to exchange informations.


Just to Start

Ideally you should read the book - In the meantime you can watch the TV version of Niall Fergusson "The Ascent of Money" - history matters!

Wednesday, August 18, 2010

Liquidity Preference And Loanable Funds, Revisited - Paul Krugman Blog - NYTimes.com

In next week lecture I will talk of the monetary transmission mechanism and the term structure of interest rate. An useful starting point (or end point): Liquidity Preference And Loanable Funds, Revisited - Paul Krugman Blog - NYTimes.com. Cheers

Friday, August 13, 2010

"Fetters of gold and paper"

From Shaakira Karolia

This article from VoxEU, by crisis experts, Barry Eichengreen & Peter Temin, is particularly interesting as it uses the context of the gold standard during the Great Depression with reference to the current crisis in terms of the global imbalances in existence. This also brings to mind the much promulgated idea that most crises are, in all actuality, not drastically different...