…decoupling economic growth and carbon emissions, finding the scale of decarbonization we need is incompatible with economic growth—hence the need to reject economic growth as a social objective. A similar…

…of Sinopec and the richest woman in China, etc. His paper was titled “Institutional Genes of China’s Socio-Economic Development,” with it discussed by the current ACES (Association of Comparative Economics)…

by Joseph Joyce (Capital Ebbs and Flows) Has the Third Era of Globalization Ended? Behind the headlines forecasting a global economic recession there is another narrative about the end of globalization. This reflects…

…in the history of economic thought, because the alleged error serves as a demonstration of the necessity of basing macroeconomics on microeconomic foundations. For a decade or two (roughly 1980…

…price level. OK what about reality ? Is there any evidence that forecasting future aggregate income is a useful step in forecasting or fitting aggregate consumption ? Hmmm well first,…

…a trained economist (Ph.D. in economics from UCLA, two master’s degrees, and a bachelor’s degree in mathematics / economics). I have fifteen years of experience since leaving graduate school, having…

…nothing to do with consulting. There is a sharp devision between academic macroeconomics and macroeconomic forecasting. It is done by different people. Some people are paid for forecasts. Clearly they…

…in an article forthcoming in the journal of forecasting. The phantom invisible bond vigilantes are not a new phenomenon. Consider Blue Chip Forecasts TM an organization which aggregates forecasts of,…

…reasons why this recovery will be weak. And they are usually wrong. In 1981, I won the National Association of Business Economists annual forecasting contest by forecasting an average or…

…models with utility functions which are additively separable over time as well as over consumption and everything else). So the part about forecasting future income approximately rationally is not needed…