Topical Economics

Labels: Lecture 2

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Liquidity Preference Theory

According to Keynes interest is purely a monetary phenomenon because rate of interest is calculated in terms of money. It is a monetary p...
IS-LM Model

The IS LM Model explained The best way to revise a concept is to write about it! Paul Krugman has this description of the IS (inv...
What are capital controls?

What Are Capital Controls? The IMF recently published a report regarding the experiences that countries across the world have had with c...
Banking course

And more here...
What are capital controls?

Capital controls are residency-based measures such as transaction taxes and other limits or outright prohibitions, which a nation's gove...
Banking crisis - explained

Young Paddy bought a donkey from a farmer for £100. The farmer agreed to deliver the donkey the next day..... The next day he drove up an...
For and against Capital controls

Full freedom of movement for capital and payments has so far only been approached between individual pairings of states which have free tr...
It's all the fault of the greedy bankers!

Have a look at these facebook posts - follow through the argument... Now watch...
Greed...

It is striking how fashionable it has become in the last week or so, indeed since the financial turmoil really got going in 2007 and 2008, t...
Solving the debt crisis

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