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Created
Fri, 01/05/2026 - 19:58
The increasing use of natural and quasi-natural experiments in economics over the past couple of decades has led some economists to proclaim triumphantly that this development marks a major step along a recent path towards empiricism. According to this view, economics is no longer merely a deductive philosophy; rather, it is increasingly becoming an inductive […]
Created
Fri, 01/05/2026 - 18:00
Aaron Clements-Partridge and Ryland Thomas Broad money aggregates failed policymakers when used as an intermediate target in the 1980s, but they appeared to predict the post-pandemic inflation. Where does that leave their role in setting monetary policy today? That was the topic of a recent workshop hosted by the Bank on ‘Analysing the Information Content … Continue reading Money talks, broadly speaking
Created
Fri, 01/05/2026 - 09:10
by Robert (Robby) Cserni* On a Zoom call, Greg, a graduate student in social work, described a problem that had nothing to do with his ability. Strong grades, clear research questions, two years into a thesis that should have been finished. The reason it was not finished was that his two advisors could not agree […]