Blogs&Reviews

Other Recent Blogs&Reviews:

  • Roger Farmer, 12 July 2018

    The NIESR Rebuilding Macroeconomics project is stirring a great deal of welcome controversy. In this post, Roger Farmer, part of the project’s management team, explains how by funding projects from people or groups that mainstream funding agencies are unlikely to fund, it aims to inject new genes into the pool, shake things up a little by bringing in fresh approaches, and hopefully seed the development of ideas that might otherwise take much longer to emerge

  • Simon Wren-Lewis, 10 July 2018

    A characteristic of many endgames in chess where the result is clear is that pieces leave the board quickly to make the eventual win obvious. In this post, Simon Wren-Lewis argues that what we have seen with the recent resignations of some members of the UK Cabinet is but the first stage in that process.

  • Diane Coyle, 10 July 2018

    In his new book, The Rise and Fall of the British Nation: A Twentieth Century History, David Edgerton argues that the key phenomenon of the post-WWII decades was not welfarism or corporatism but the creation of a distinctive British nation – until Mrs Thatcher started to turn the country back into an internationalist capitalist one. In this post, Diane Coyle finds that while the book makes for a refereshing read, not every bit of its myth-busting is wholly persuasive.   

  • Stephen Cecchetti, Kim Schoenholtz, 09 July 2018

    In this post, Stephen Cecchetti and Kermit Schoenholtz explain balance-of-payments crises – the sudden stops or capital flow reversals that compel countries to restore their external balance between exports and imports or, in the case of capital flight, shift to export surpluses. They also examine the Asian crisis of 1997-98 and the crisis in the euro area periphery from 2010 to 2012.

  • Jon Danielsson, Jia Rong Fan, 09 July 2018

    Julia, MATLAB, Python and R are among the most commonly used numerical programming languages by economic researchers. In this post, Jon Danielsson and Jia Rong Fan compare and contrast these four, reaching a very subjective conclusion as to which is best and which is worst.

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