Economic Thought- 3

Economic Thought 2

NEW CLASSICAL ECONOMICS

Robert Lucas Jr.

(1937)

Econometric Policy Evaluation: A Critics.

Nobel Lecture: Monetary Neutrality. 1995.

On the Mechanics of Economic Development.

Expectations and the Neutrality of Money

Why Doesn't Capital Flow from Rich to Poor Countries?

Rational Expectations: Is what we expect tomorrow affecting the economy today?

Thomas J. Sargent

(1943)

Nobel Prize Lecture (2012): USA then and Europe now

Adaptation of Macro Theory to Rational Expectations.

Sargent & Wallace (1973): Rational Expectations and the Dynamic of Hyperinflation

Agents as Empirical Macroeconomists: Thomas J. Sargent’s Contribution to Economics .

Notes on Macroeconomic Theory.

Some of Milton Friedman's Scientific Contributions to Macroeconomics.

Recursive Macroeconomic Theory

The Ends of Four Big Inflations.

Learning from Lucas .

Robert E. Lucas, Jr.’s Collected Papers on Monetary Theory.

Robert J. Barro

(1944)

Are Government Bonds Net Wealth? (1974)

Reflections on Ricardian Equivalance (1996).

J. M. Buchanan Barro on the Ricardian Equivalence Theorem

Neil Wallace

(1939)

Sargent & Wallace Some Unpleasant Monetarist Arithmetic.

Michael R. Darby Some Plesant Monetarist Arithmetic.

A Reply too Darby

Rational Expectations, the Optimal Monetary Instrument and Optimal Money Supply Rule.

A Modigliani-Miller Theorem for Open-Market Operations .

A Dictum for Monetary Theory

Edward C. Prescott

(1940)

Rules Rather than Discretion: The Inconsistency of Optimal Plans .

Finn Kydland and Edward Prescott’s Contribution to Dynamic Macroeconomics: The Time Consistency of Economic Policy and the Driving Forces Behind Business Cycles.

Nobel Lecture: The Transformation of Macroeconomic Policy and Research.

Finn E. Kydland

(1943)

Time to Build and Aggregate Fluctuations .

International Real Business Cycles.

Business Cycles:Real Facts and a Monetary Myth.

International Business Cycle: Theory and Evidence.

Rules Rather than Discretion: The Inconsistency of Optimal Plans

Real Business Cycles

George W. Stadler (1994): Real Business Cycles.

Rodolfo E. Manuelli Modern Business Cycle Analysis: A Guide to the Prescott-Summers Debate

C. Prescot (1986): Theory Ahead of Business Cycle Measurement

Lawrence H. Summers, (1986): Some Skeptical Observations on Real Business Cycle Theory

Edward C. Prescott (1986): Response to a Skeptic

SOME STUDIES ON ECONOMIC THOUGHT

Back to Basics

Finance & Development explains some fundamental concepts of economics

William K. Tabb (1999): Reconstructing Political Economy: The Great Divide in Economic Thought, Routlege: New York, London.

Warren J. Samuels, Jeff E. Biddle and John B. Davis (2003): A Companion to the History of Economic Thought, Blackwell.

Allesandro Roncaglia (2005): The Wealth of Ideas. A History of Economic Thought, Cambridge Un. Press.

Peter J. Boettke (2018): F. A. Hayek: Economics, Political Economy and Social Policy, Great Thinkers in Economics, Palgrave McMillan.

Mark Skousen (2007: The Big Three in Economics: Adam Smith, Karl Marx and John Meynard Keynes.

E. Screpanti and S. Zamagni (2005): An Outline of the History of Economic Thought.

A. Dow and S. Dow (2015): Economic Development in the Scottish Enlightenment: Ideas as Cause and Effect

Some Sites and Curriculums on Economic Thought.

Economics in the Rear-View Mirror: Archival Artifacts from the History of Economics.

History of Curriculums of Economic Thought at Distinguished Universities.

William John Fellner's (1905-1981) The History of Economic Thought Course at Harvard in 1950 (Curriculum and References).

ECON 3499 - Richard N. Langlois: Austrian Economics.