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{ Tag Archives } Bank of England

Notes to Self: Blanchard on the Future of Macroeconomics

Olivier Blanchard of MIT is one of the top macroeconomists in the world. When he write articles like this, it’s worth your time reading what he thinks.
Or, you could read what I think he thinks. Which may save time.
My summary. Macroeconomics is the study of fluctuations. Since the 1970’s there have been three approaches to [...]

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Looking at Ireland’s National Income, 2002-2007

August saw the release of the National Income and Product Accounts for 2007. A few choice graphs for y’all this morning. First, we’ve got the Gross Domestic Product (GDP) graph from 2002-2007, valued at different prices.
GDP is really the sum of the price, , of final goods and services, , in a given period, times [...]

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