I’m attending a two day 21st annual H. Minsky Conference organized by the Levy Economics Institute.
Really good presentations and interesting discussions. I’ll try to share more detailed impressions later on (most likely in the classroom), for now though a brief remark.
One of the speakers suggested that Central Banks’ focus is primarily stability of the financial system, causing a mixed reaction in the audience. Continue reading
No economic estimate is ever precise, much less if it is derived from high level accounting, yet, some “directional” data offers some substance to the ongoing “slow recovery” debate. Only two points are considered below: Continue reading
Dr. El-Erian says it all again: “the way we manage money, as a society, has to evolve…”
El-Erian on money management
That’s exactly the point on “managed capitalism” in one of the earlier posts.
While the world is zoomed on Greece and euro’s fate, elsewhere the flips in macroeconomy are assuming their own crisis-prone dynamic. A case at hand, the fragile economy of Armenia as suggested in the Policy Forum Armenia (PFA) report on Armenian economy. Continue reading
Great news! AngloHigher publishes my piece on Innovative Fiscal Policy and Social Totality. Follow the link for more
Following up on the topic [rather quickly], some newer discussions seem to reconfirm the earlier view: of pragmatic fiscal policy aimed at sustainable development. There’s been talk on problems of access to education (and quality) and manufacturing jobs drain. Continue reading
Two recent extensive commentaries on changing economy deserve our attention.
In December 2011, I had an opportunity to conduct a series of academic / public lectures on Urban Economics and Financial Economics at the Taganrog Management and Economics Institute in Taganrog, Russia.
Lecturing @ Taganrog Mgmnt & Econ Inst., Dec. 2011
It was encouraging to meet all faculty, students, and staff who attended the lectures and contributed immensely with their point sharp questions. Happy New Year!
UPDATE: Jan 26, 2012 – a pleasant surprise from the NasheVremya newspaper in Rostov-Don, Russia – a brief coverage of the December lectures. Available here.
There is now a strong chance the euro-zone as it is will break up . Things are moving rather quickly. Some of the most pragmatic scenarios are well summarized by Gavyn Davies of FT. There are also a lot of legal problems of immediate breakup. Continue reading
All are welcome:
Innovative Fiscal Policy and Economic Development In Transition Economies
Featuring Dr. Aleksandr V. Gevorkyan, Author & Professor, New York University
Date: Wed, Nov 16, 2011
Location: NYU-SCPS Building @ 7th East 12th Street, Room 1123
Time: 5:00PM – 8:00PM Continue reading
Everyone rides equal on NYC subway … though for the most it is standing room only and all struggle to squeeze into the train car during morning commute…this observation is valid for the #4, 5, 6 and the B, E, F, R, and all other trains… Continue reading