Monthly Archives: May 2018

Post crash macroeconomics:the eclipse of rational expectations monetarism and the need for a new synthesis (under construction) paper presented to the Canadian Economic Association annual meetings June 1 2018 McGill university Montreal

Posted on May 31, 2018 by haroldchorneyeconomist

Chorney, Harold (Concordia University Montreal) Title Post-crash macroeconomics: The eclipse of rational expectations monetarism and the need for a new synthesis. Abstract Most of the classical and Neo-classical macroeconomics edifice imploded with the crash of 2007–2009. Instead of market clearing … Continue reading →

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Goodbye to NAIRU? Hello Once Again to Keynes

Posted on May 7, 2018 by haroldchorneyeconomist

Paul Krugman has a very interesting piece in the New York Times today. It builds on the very good recent  work of Olivier Blanchard on the natural rate and the possibility of hysteresis brought about by prolonged unemployment in the … Continue reading →

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Poli 489 AB spring 2018 course outline

Posted on May 2, 2018 by haroldchorneyeconomist

Poli 489 AB Spring summer term,Tuesday and Thursday 1:15-4:00 p.m. Prof. Harold Chorney. Office hours:Tuesday and Thursday 4:30-5:45 pm   This course is a seminar course organized around the debate  that has been taking place over the apparent dramatic rise in … Continue reading →

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