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Channel: The Market Monetarist » William Nordhaus
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Policy coordination, game theory and the Sumner Critique

Here is Alan Blinder in a paper – “Issues in the Coordination of Monetary and Fiscal Policy” – from 1982: “Consider the problem of designing a car in which student drivers will be taught to drive. The...

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Bernanke, Obama and the political business cycle – and some research ideas

This week I attended a presentation by my good friend and professor of political science at the University Copenhagen Peter Kurrild-Klitgaard about the upcoming US presidential elections. In his...

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Rational Partisan Theory, elections, fiscal consolidation and exchange rate...

When I was in university more than 20 years ago I had one other major interest other than monetary economics and that was public choice theory and I was particularly interested in how to understand...

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