How long secular stability? Eric Lonergan 29th January 2020 Economic History, Finance & Asset Pricing, Monetary Policy 8 Economics is a curious field of study. For a subject that focuses so much on rational behaviour it is distinctly human. ...
Draghi’s historic farewell Eric Lonergan 15th September 2019 Helicopter Money, Monetary Policy, Money in Europe 6 This week’s policy decision by ECB is historic. For some time now, a number of economists have suggested that dual inter...
Reply to Larry Summers Eric Lonergan 26th August 2019 Finance & Asset Pricing, Helicopter Money, Monetary Policy 3 An ‘Either-Or’ approach to fiscal and monetary policy is mistaken Larry Summers has delivered a pointed and sweeping ...
The Prudence Principle: a new rule for fiscal policy Eric Lonergan 23rd August 2019 Helicopter Money, Monetary Policy, Money in Europe, Theory & Other Problems Should the government run a budget deficit or a budget surplus? What size should the deficit or surplus be? Devising...
Cyclical sovereignty Eric Lonergan 26th July 2019 Media, Monetary Policy, Money in Europe 2 Only two of the world’s major economic blocks appear to have cyclical autonomy - China and the United States. For many d...
The most important social scientist since Keynes Eric Lonergan 5th July 2019 Theory & Other Problems 2 Three validity claims The German social scientist, Jürgen Habermas, has just turned ninety. It is an odd reflection on ...
