Category Archive: 8a.) Economic Theory

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.

My articles My site About me My books
Follow on:LinkedIN Twitter Seeking Alpha CFA Society EconomicBlogs

Filter archive by: Show All Show only Articles Show only Videos

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

Happy Xmas Lars von Trier

2014-12-24

by George Dorgan

2014-12-24

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

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

2014-05-14

by George Dorgan

2014-05-14

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

cost push inflation, price level, real gdp

Along the double mandate of the federal reserve, monetarists can be divided into. - traditional monetarists that focus on a slow increase of money supply in order to avoid price inflation. - Market monetarists that want to target growth and income instead of inflation.

Read More »