Macroeconomics: Economic Systems
Within the study of macroeconomics, there are certain basic goals for economic systems. Generally speaking, desirable goals include economic growth, full employment, economic efficiency (achieving the maximum output for the…
Macroeconomics: Money And Banking
TMoney can be thought of as any good that is widely used or accepted in the transfer of goods and services. Today, there are three common forms of money in…
Macroeconomics Demand
Demand is driven by utility – the pleasure or satisfaction that a consumer obtains from consuming a good or service. Total utility is a function of the quantities of goods/services…
Macroeconomics: Supply
The counterpart to aggregate demand is aggregate supply – the total amount of goods and services that are produced in an economy at a given price level. There are a…
Macroeconomics: Microeconomics Foundation
While there are relatively clear definitions separating microeconomics and macroeconomics, the reality is that both sections of economics draw heavily from certain shared underlying concepts. Both are underpinned by the…
Macroeconomics: Schools Of Thought
The field of macroeconomics is organized into many different schools of thought, with differing views on how the markets and their participants operate. Classical Classical economists hold that prices, wages…
Macroeconomics
In general, economics is the study of how agents (people, firms, nations) use scarce resources to satisfy unlimited wants. Macroeconomics is the branch of economics that concerns itself with market…
9/9/18: Populism, Middle Class and Asset Bubbles
The range of total returns (unadjusted for differential FX rates) for some key assets categories since 2009 via Goldman Sachs Research: The above highlights the pivot toward financial assets inflation…
11/9/18: Slow Recoveries & Unemployment Traps: Hysteresis and/or Secular Stagnation
The twin secular stagnations hypothesis (TSSH, first postulated on this blog) that combines supply-side (technological cyclicality) and demand-side (demographic cyclicality) arguments for why the world economy may have settled on…
13/9/18: Concentration Risk: IPOs, New Firms Arrivals & Super Stars
Aside from compiling a treasure trove of data, the post brings to light some interesting observations, not necessarily central to the author's core arguments.Take, for example, this chart: The post…
