Category Archive: 8a Economic Theory

Main Author George Dorgan
George Dorgan
George Dorgan (penname) predicted the end of the EUR/CHF peg at the CFA Society and at many occasions on SeekingAlpha.com and on this blog. Several Swiss and international financial advisors support the site. These firms aim to deliver independent advice from the often misleading mainstream of banks and asset managers. George is FinTech entrepreneur, financial author and alternative economist. He speak seven languages fluently.

Richard Koo´s misleading take on the great recession: The final chapter – a guest post by Mark Sadowski



Read More »

Happy Xmas Lars von Trier

Dear friends and readers, Christmas is family time. But since my blog is contrarian, you read here a contrarian family post by one my idols, Lars von Trier. I just want to thank all my loyal readers and followers for following and commenting on my blog and any discussion on Twitter. Since the blog is driven by … Continue reading »

Read More »

Heterodox Economic Theories and GDP

Heterodox economic theories focus on the human desires to spend, to save, to obtain credit in order to anticipate spending and future earnings, to increase or to reduce debt or even to deplete existing savings, on human behaviour. Those theories neither think that humans are rational nor that markets are efficient.

Read More »

Rational Expectations, Lucas Critique and NAIRU



Read More »

Volckers Attack on Stagflation

In this chapter we describe how Volcker managed to defeat stagflation; he applied the monetarist models that had been applied successfully in Switzerland and Germany. Thanks to this effort, the dollar stopped its secular decline.

Read More »

Hans Werner Sinn’s Piketty Critique: r ≠ i > g

Hans Werner Sinn has formulated his critique with Piketty. Sinn says that r ≠ i > g. Interest rate are usually higher than economic growth, but not necessarily increases of wealth.

Read More »

Hans Werner Sinn’s Piketty Critique: “r ≠ i > g”

Hans Werner Sinn has formulated his critique with Piketty. Sinn says that: r ≠ i > g, hence Interest rates i are usually higher than economic growth g, but r is not the same as i. Hence r can be higher or lower than g.

Read More »

The Cost-Push Inflation Legend



Read More »

Ricardo’s Comparative Cost Theory, Heckscher-Ohlin Model and the Product Lifecycle Theory



Read More »

7a) Economic Theories Overview



Read More »

Irvin Fisher’s Deflationary Spiral



Read More »

Supply Side Economics



Read More »

Social and Geographic Theories and the Euro Crisis



Read More »

Post Keynesians



Read More »

Mainstream Economics, The Short Run



Read More »

7b) Major Schools of Economics



Read More »

Minsky and Kindleberger



Read More »

Traditional Monetarist vs. Market Monetarists



Read More »

Mainstream Economics, The Long Run



Read More »

Mainstream Economics , The Medium Run



Read More »
Page 112