Incoherent and Incoherenter
…fiscal theory of the price level is the theory of the immaculate debt inflation. It must hold, but firms setting prices don’t consider the public debt and expected future primary…
…fiscal theory of the price level is the theory of the immaculate debt inflation. It must hold, but firms setting prices don’t consider the public debt and expected future primary…
…economists who propounded it apparently were unaware that it was such a theory. By extension, that immiseration theory is a crisis theory. There is no built-in mechanism of negative feedback…
A Decision Theory Case to Chew On Here’s something I posted over on Andrew Gelman’s wonderful blog: I read Alive and thought it unknowingly made a very powerful point about…
Chaos Theory And Global Climate Change I am currently attending the Southern Economic Association meetings in Fort Lauderdale, where the street facing the hotel was underwater during the most recent…
…state legislature theory, they say. The historians also observed those embracing the theory ignore the ample documentary evidence. They instead rely extensively on a document scholars proved long ago was…
AB: Think about it. How does SCOTUS decide on some far-flung theory rejected by the founding fathers. Repubs claim NC high court decision canceling “extreme gerrymander by the state legislature…
…for us; we’re not so evil” alone will not motivate voters affirmatively, even when you’re not the incumbent. Testing the Theory The election of 2020 was a natural test of…
SCOTUS Chief Justice John Roberts subscribes to the unitary executive theory of American government and Constitutional interpretation. The unitary executive theory posits that the President possesses total, unrestrained authority over…
“Chaos Theory and The End of Roe V Wade,” Econospeak, Barkley Rosser Probably the most famous characteristic of chaotic dynamics is the phenomenon known formally as sensitive dependence on initial…
Dow Theory says transportation and production of goods should move in tandem; what is its message now? – by New Deal democrat Partly because mid year data is now being…