AI in Development: World Development Report 2026
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Financing the AI Physical Capital Buildout
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Financing the AI Physical Capital Buildout
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A Supply-Shock Era?
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Medicaid’s Expanding Enrollment
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Medicaid’s Expanding Enrollment
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How to Keep Global Agricultural Output Rising
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The Incoherence of the Trump Tariff Announcements
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How to Keep Global Agricultural Output Rising
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The Incoherence of the Trump Tariff Announcements
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Timothy Taylor retweeted
The Nobel Prize to Hall and Woodford: A Macroeconomic Journey
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The Nobel Prize to Hall and Woodford: A Macroeconomic Journey
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Perry Mehrling, RIP.
According to the History of Economics Society, Perry Mehrling died "Monday night from injury sustained in a fall several days earlier." He was Professor of International Political Economy at Boston University and, previously, longtime Professor of Economics at Barnard College. He was a highly esteemed historian of economics.
Here is his homepage:
sites.bu.edu/perry/
His last book: "Money and Empire: Charles P. Kindleberger and the Dollar System"
amzn.to/47RVhJ2
"Charles Kindleberger ranks as one of the twentieth century's best known and most influential international economists. This book traces the evolution of his thinking in the context of a 'key-currency' approach to the rise of the dollar system, here revealed as the indispensable framework for global economic development since World War II. Unlike most of his colleagues, Kindleberger was deeply interested in history, and his economics brimmed with real people and institutional details. His research at the New York Fed and BIS during the Great Depression, his wartime intelligence work, and his role in administering the Marshall Plan gave him deep insight into how the international financial system really operated. A biography of both the dollar and a man, this book is also the story of the development of ideas about how money works. It throws revealing light on the underlying economic forces and political obstacles shaping our globalized world."
Charles Goodhart: "The discipline of economics is balanced, somewhat unsteadily, between two legs, with the skill of the historian on one side and of the mathematical modeler on the other. In the second half of the 20th century, the tide flowed strongly to elevate the second leg and to diminish the first. In this delightful biography of Charlie Kindleberger, a charming and loveable man, Perry Mehrling shows how Charlie, in his chosen role, as an international monetary economist, fought against that tide, often unsuccessfully. Perry writes so beautifully that one would only need a smattering of economics to enjoy the tale; while if one is interested in the history of economic thought in international monetary economics, then this book is, of course, a must read.'
amzn.to/47RVhJ2
Timothy Taylor retweeted
The Nobel economics prize committee has apparently been reading old issues of the Journal of Economic Perspectives. In the Fall 2010 issue, the first two articles are by Robert E. Hall and Michael Woodford.
Timothy Taylor retweeted
1974: When Both Nobel Economists Proposed Abolishing the Prize
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1974: When Both Nobel Economists Proposed Abolishing the Prize
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The Nobel economics prize committee has apparently been reading old issues of the Journal of Economic Perspectives. In the Fall 2010 issue, the first two articles are by Robert E. Hall and Michael Woodford.
Want more? Robert Hall, along with Tom Sargent, also wrote "Short-Run and Long-Run Effects of Milton Friedman's Presidential Address" in the Winter 2018 issue of the Journal of Economic Perspectives
aeaweb.org/articles?id=10.12…
Michael Woodford also wrote "The Case for Forecast Targeting as a Monetary Policy Strategy" in the Fall 2007 issue of the Journal of Economic Perspectives
aeaweb.org/articles?id=10.12…






