Monthly Archives: January 2013
A suggestion for complicating the simple aggregate production function (bleg)
I wrote this post. Then I realised it was wrong. I really wish my math were better. So I'm turning it into a sort of bleg. I should have written the technology in implicit form as F(C,I,K,L)=0 rather than H(C,I)=F(K,L). Because the way I wrote it makes Pk depend only on I/C, when it should […]
My simple theory about why macroeconomists disagree.
Every other macro blogger seems to be taking a crack at this question. I like what they have to say. But I have a much simpler theory. Let's suppose you wanted to design an experiment to test the effects of monetary and fiscal policy. And suppose you had the power to do whatever you wanted, […]
Most Read Posts of 2012
Here are WCI's most read posts of 2012. For the first time this year, I've added the number of page views, normalized so that the most read post has a page view score of 100.
Worthwhile Canadian Initiative 
Recent Comments