Macro Perspectives
My Perspective on Macroeconomics workshop is split into two presentations:
- Macro Trends: what’s going on? – this provides an overview of the global economy and a discussion of current critical uncertainties.
- Macro Models: from DICE to doughnuts – this integrates ecological concerns wirth standard economics, providing an overview of how macroeconomists model the economy and how those methods and models relate to climate issues.
To keep up to date with my thoughts on economic issues either follow me on Twitter or see Kaleidic Economics.
You can find the latest global growth forecasts from the institutions mentioned in the lecture here:
And here are the scorecards on social progress mentioned:
Here’s a short quiz to test your knowledge about the sessions:
https://forms.gle/hYsBs2hnhMwy7B9D8
Recommended readings:
- Rajan Raghuram, “The end of free-lunch economics” Project Syndicate, January 31st 2022
- Yandle, B., “Experts are Making Their Bets on Inflation. Here’s Mine.” November 23rd 2021
- “The higher inflation survival guide” Kaleidic Economics, December 2021
- “Did the NGDP crowd win the battle of ideas?” Kaleidic Economics, December 2021
- “How do we move the needle on progress?” Eli Dourado, September 2019
- Boulding, K.E., 1977, “Notes on goods, services, and cultural economics” Journal of Cultural Economics, 1(1):1-12
- “Why Agent-Based Modeling Never Happened in Economics” Mike Makowsky, March 2022
- “How we fixed the ozone layer” Hannah Ritchie, Works in Progress, May 2021
- Raworth, K., 2012, A Safe and Just Space for Humanity: Can We Live within the Doughnut? Oxfam Discussion Papers
Recommended audio:
- “Megan Greene on the future of CBDC and central bank mission”, Macro Musings, September 2021
- “Macro 6: DSGE“, Anthony J. Evans (for more depth on Macroeconomic models including my other podcast episodes see here)
Recommended videos:
This is a good explanation of current Fed policy:
@kylascan Reply to @joelsephs what does the federal reserve do? #federalreserve #monetarypolicy #inflation #economics #fyp #foryou #LIKEABOMBSHELL ♬ Spooky, quiet, scary atmosphere piano songs – Skittlegirl Sound
Here is a fascinating video (in French) on the limits to growth and the World 3 model
Here is Tyler Cowen on growth being a moral imperative:
Here is more on the doughnut model:
Some spinning donuts (see! it is meant to be measured!):
Yes! At last… Watch national Doughnuts changing over time. Published today: 150 countries, 1992-2015. Eye-opening & powerful work by @AndrewLFanning & coauthors. Check out the website – an incredible teaching resource… https://t.co/8D59jZ9TMp pic.twitter.com/PwMYZwHc3g
— Kate Raworth (@KateRaworth) November 18, 2021