August | 2025 | Uneasy Money
1 post published by David Glasner during August 2025| Uneasy Money
Yesterday on Twitter, I commented on a Tweet referencing a comment by White House Press Secretary Karoline Leavitt about the meeting yesterday between Presidents Trump and Zelensky along with the o…| Uneasy Money
J. R. Hicks, who introduced the concept of intertemporal equilibrium to English-speaking economists in Value and Capital, was an admirer of Carl Menger, one of the three original Marginal Revolutio…| Uneasy Money
The Fiscal Theory of the Price Level has been percolating among monetary theorists for over three decades: Eric Leeper being the first to offer a formalization of the idea, with Chris Sims and Mich…| Uneasy Money
The published version of the article is now available on the Economic Afairs website Here’s the abstract: This article considers the contributions of Ralph Hawtrey to monetary theory and macr…| Uneasy Money
Last fall and early winter I posted a series of four blogposts (here, here, here, and here) about or related to Ralph Hawtrey as I was trying to gather my thoughts about an essay I wanted to write …| Uneasy Money
Nobel Laureate T. C. Koopmans wrote one of the most famous economics articles of the twentieth century, “Measurement Without Theory,” a devastating review of an important, and in many w…| Uneasy Money
Clara Mattei, associate professor of economics at the New School for Social Research, recently published a book, The Capital Order: How Economists Invented Austerity and Paved the Way to Fascism, (…| Uneasy Money
In my previous post, I explained how the real-bills doctrine originally espoused by Adam Smith was later misunderstood and misapplied as a policy guide for central banking, not, as Smith understood…| Uneasy Money
Robert Hetzel, a distinguished historian of monetary theory and of monetary institutions, deployed his expertise in both fields in…| Uneasy Money
One of my goals when launching this blog in 2011 was to revive interest in the important, but unfortunately neglected and largely forgotten, contributions to monetary and macroeconomic theory of Ra…| Uneasy Money
