Search results for ""Thomas Mayer""

Monetarism and the Methodology of Economics is a collection of 14 original essays in honour of Thomas Mayer focusing on the themes of monetarism, the transmission mechanism for monetary policy, the political economy of monetary policy and the methodology of empirical economics.This volume addresses the many areas where Thomas Mayer has made a major contribution and brings together a distinguished group of contributors including King Banaian, Mark Blaug, Martin Bronfenbrenner, Richard C.K. Burdekin, Thomas F. Cargill, Milton Friedman, C.A.E. Goodhart, D. Wade Hands, Abraham Hirsch, Kevin D. Hoover, David Laidler, Thomas Mayer, James L. Pierce, Steven M. Sheffrin, Richard J. Sweeney, Thomas D. Willett, Wing Thye Woo. An autobiographical essay by Thomas Mayer and a short appreciation by Kevin Hoover and Steven Sheffrin are included in this volume, together with a bibliography of Mayer's economic writings.

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Vaccination is a topic that has long divided opinion. Today, in view of Covid-19, that debate has become ever more polarized. Illustrated throughout with full-colour images, Covid Vaccines from a Spiritual Perspective deals with scientific facts, but also with research that requires spiritual-scientific methods. Led by main author and activist Thomas Mayer, the volume features reports, experiences and commentary from more than fifty contributors with clairvoyant and psychic abilities. From their observations, it is argued that Covid vaccines are not 'harmless jabs', but potentially violent interventions in the subtle structures of the human body, soul and spirit. The vaccines even have implications for an individual's life beyond death. Instead of the soul evolving in the afterlife, it could remain bound to the earth, suffering deeply. --- Although this book's conclusions may appear alarming, it is not the author's intention to create fear. He seeks only to provide useful information and enlightenment, demonstrating how vaccinated and unvaccinated people can deal with this subject consciously, courageously and with hope for the future.

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Let's work together to develop inner light and counteract the darkness! --- Illustrated throughout in full colour, this booklet features 28 meditations and soul exercises to help develop courage and internal strength, supporting our inner being and spiritual self. The meditations can aid in clearing our emotional space and illuminating our thinking - strengthening health, bringing healing to dark impulses and assisting us in integrating death as an important part of life. The exercises are also a contribution to easing the tensions felt in the collective consciousness during this time of multiple global crises. --- In the concluding chapter, based on concepts from the research of Rudolf Steiner, the author puts into perspective the spiritual struggle underlying the coronavirus crisis.

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Verfolgt die Politik gegenwärtig die falschen Rezepte zur Überwindung der Finanzkrise und Stabilisierung des Euro? Thomas Mayer empfiehlt in seiner Hayek-Vorlesung 2012 weniger Konstruktivismus in der Wirtschaftspolitik, einen besseren Ordnungsrahmen für das Spiel der Marktkräfte, die Verbindung von Souveränität und Haftung bei den Staatsfinanzen der EWU-Länder und (in der EWU und anderswo) entpolitisiertes Geld. Er erläutert, wie die Einsichten der österreichischen Schule in die Verbindungen zwischen Realwirtschaft und Finanzsektor in der Vergangenheit von der Politik und dem akademischen Mainstream weitgehend ignoriert wurden, zum Schaden für unser Gemeinwesen. Daraus scheint man auch heute nichts gelernt zu haben. Der Trend geht zu noch mehr Konstruktivismus, mehr Staat, der Vergemeinschaftung der finanziellen Haftung in der EWU und zur Politisierung des Geldes.

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Doing Economic Research brings together a series of authoritative and illuminating essays by Thomas Mayer which bridge the gap between the abstract work of methodology and the practical research problems that concern the professional economist. Arguing that methodologists should pay more attention to the day-to-day problems that face practising economists, Professor Mayer illustrates how simple methodological considerations can clarify a series of issues in applied economics. In particular, he offers a defence of positivism in economics and counters the argument that economics is not an empirical science. Specific essays reassess debates about microfoundations and Ricardian equivalence, consider whether assumptions should be realistic, question whether recent improvements in techniques have helped to resolve the monetarist debate, discuss the role of consumer theory and deal with some key issues in econometric practice.Doing Economic Research differs from other work on economic methodology by focusing on specific issues of concern to applied economists, such as whether the failure of consumer choice theory on experimental tests matters. Applied economists and methodologists will welcome the book's direct, down-to-earth manner and the way in which Professor Mayer's ideas are applied to contemporary economic research.

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This unique book deals with the most serious macroeconomic failure experienced in the US in the post-war period and the great inflation of the late 1960s and 1970s. It is the first detailed analysis, using Federal Reserve documents, of the thinking behind the inflationary monetary policy during this period.The book examines documentary evidence, including minutes, memos and reports and interviews with people who were closely involved in making policy decisions, to explain the monetary policy that led to this inflation. Thomas Mayer considers forecasting errors and wage and price controls in his attempt to explain why the inflation occurred and places some of the blame on ineffective operating procedures, institutional inefficiencies, and political pressures on the Federal Reserve. The author concludes that much of the responsibility for the mistaken policies lies with academic economists who underestimated the dangers of inflation and encouraged the Federal Reserve to focus on an unattainable employment goal.Monetary Policy and the Great Inflation in the United States will be welcomed by economists, political scientists and economic historians interested in monetary policy

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This engaging and intelligent book provides an accessible, down to earth assessment of the role of formalism and rigour in economics.Professor Mayer argues that there is room in economics for both highly formalised theory and for the less formal theory that predominates in the natural sciences. But economists generally fail to distinguish between these two types of theory. As a result, they often act as if the strength of an argument depends on the strength of its strongest link. They misallocate effort, polishing those parts of the argument that tend to be formalised, while paying insufficient attention to the others. Drawing on public choice theory, Mayer shows how this emphasis on the strongest link has distorted research particularly in new classical theory. He advocates stricter econometric testing, showing that many procedures currently used are only soft tests.

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Invitation to Economics empowers the reader to spot naive and spurious economic arguments by inculcating an intuitive 'feel' for economics. A unique and critical guide to understanding economic arguments in the media Focuses on microeconomics, specifically on the idea that economic policies often have important indirect effects Key ideas are applied repeatedly in numerous case studies drawn from newspapers and other media Economic principles are presented in an accessible and non-rigorous format using case studies Incorporates the value judgments and political judgments that underlie economic policies

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This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1972.

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Poison gas was one of the most fearful weapons of its day and added a terrifying new dimension to modern warfare. In 1915, the only item a soldier had to protect himself from the harmful effects of gas was a shell dressing, soaked in his own urine and then tied around his face. By 1918, the British Army had developed a range of innovative protection methods that heralded the birth of the modern day military respirator. Throughout both World Wars, Great Britain led the way in developing anti-gas technologies. Today, items such as respirators and anti-gas equipment are highly sought after by the enthusiast. What the collector lacks is information and reference photographs of such items, and he also has little information available to him on topics such as preservation, manufacturer details and safety aspects of handling these items. This book aims to provide a useful, full-colour reference guide for the discerning collector and for all students of militaria, as well as providing a brief history of the development of gas warfare and equipment.

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This two volume set reprints 28 papers on fiscal and monetary policy interpreted broadly enough to include such issues as the effects of government debt and intergenerational accounting. It emphasizes problems that are not specific to a particular country but are relevant for all developed market economies. Fiscal and Monetary Policy is divided into three parts; the first deals with the problems that are common to both fiscal and monetary policies; the second deals with fiscal policy and the third with monetary policy.Fiscal and Monetary Policy includes important articles on the effects of lags on the feasibility of stabilization policy, time inconsistency, the motivation of monetary and fiscal authorities, the Lucas critique, Ricardian equivalence, the choice of monetary targets, feedback rules, international aspects of monetary policy and the appropriate role of government in the monetary system.

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Explore the inevitable collapse of the fiat monetary system Paper Money Collapse: The Folly of Elastic Money, Second Edition challenges the mainstream consensus on money and monetary policy. While it is today generally believed that the transition from 'hard' and inflexible commodity money (such as a gold standard) to entirely flexible and potentially unlimited fiat money under national central banks allows for superior economic stability, Paper Money Collapse shows that the opposite is true. Systems of highly elastic and constantly expanding money are not only unnecessary, even for growing economies, they are always extremely destabilizing. Over time, they must lead to substantial imbalances, including excessive levels of debt and distorted asset prices, that will require ever faster money production to sustain. Ultimately, however, there is no alternative to a complete liquidation of these distortions. Based on insights of many renowned economists and in particular of the Austrian School of Economics, the book explains through rigorous logic and in precise language why our system of flexible fiat money is incompatible with a market economy and therefore unsustainable. Paper money systems have always led to economic disintegration—without exception—throughout history. It will not be different for our system and we may be closer to the endgame than many think. The updated second edition incorporates: A new introduction and an extended outlook section that discusses various "endgames" Responses to criticisms, alternative views, and a critical assessment of 'solutions' Comments on recent policy trends, including attempts to exit the 'easy money' policy mode An evaluation of new crypto-currency Bitcoin Paper Money Collapse: The Folly of Elastic Money, Second Edition clarifies the problem of paper money clearly and eloquently, and proposes multiple routes to a solution.

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Macroeconomic analysis has undergone profound and controversial changes during the past twenty-five years and, as such, economists have developed and evolved their approaches to the discipline. Reflections on the Development of Modern Macroeconomics presents a collection of eight original essays, from leading scholars, each of which focuses on an important issue relating to these developments.These accessible, reflective surveys include: to stabilize or not to stabilize: is that the question? Brian Snowdon and Howard Vane the rhetoric and methodology of modern macroeconomics Roger Backhouse how relevant is Keynesian economics today? Keith Shaw what remains of the monetarist counter-revolution? Thomas Mayer macroeconomics: before and after rational expectations Patrick Minford the ups and downs of modern business cycle theory Cillian Ryan and Andrew Mullineux the role of imperfect competition in new Keynesian economics Huw Dixon politics and the macroeconomy: endogenous politicians and aggregate instability Brian Snowdon and Howard Vane This book will attract a wide readership among intermediate undergraduates, as well as postgraduates and lecturers in the fields of macroeconomics and the history of economic thought.

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Essays exploring different facets of the life and influence of Edmund Campion, the sixteenth-century Jesuit and martyr. This volume forms the first modern study of Edmund Campion, the Jesuit priest executed at Tyburn in 1581, and through him focuses on a theme that has been attracting growing interest among sixteenth-century historians: the passagefrom a Catholic to an Anglican England, and the resistance to this move. The essays collected here investigate the historical context of Campion's mission; different aspects of his writing and work; the network of colleagues withwhom he was in contact; his relationship with contemporaries such as Sir Philip Sidney; the effect of his English mission; and the legacy he left. THOMAS M. MCCOOG, S.J. is the Archivist of the British province of theSociety of Jesus and a member of the Jesuit Historical Institute at Rome. Contributors: FRANCISCO DE BORJA MEDINA, JOHN BOSSY, NANCY POLLARD BROWN, KATHERINE DUNCAN-JONES, DENNIS FLYNN, VICTOR HOULISTON, JOHN J. LAROCCA, COLM LENNON, DAVID LOADES, JAMES MCCONICA, THOMAS M. MCCOOG, THOMAS MAYER, MICHAEL QUESTIER, ALISON SHELL, MICHAEL E. WILLIAMS

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Macroeconomic analysis has undergone profound and controversial changes during the past twenty-five years and, as such, economists have developed and evolved their approaches to the discipline. Reflections on the Development of Modern Macroeconomics presents a collection of eight original essays, from leading scholars, each of which focuses on an important issue relating to these developments.These accessible, reflective surveys include: to stabilize or not to stabilize: is that the question? Brian Snowdon and Howard Vane the rhetoric and methodology of modern macroeconomics Roger Backhouse how relevant is Keynesian economics today? Keith Shaw what remains of the monetarist counter-revolution? Thomas Mayer macroeconomics: before and after rational expectations Patrick Minford the ups and downs of modern business cycle theory Cillian Ryan and Andrew Mullineux the role of imperfect competition in new Keynesian economics Huw Dixon politics and the macroeconomy: endogenous politicians and aggregate instability Brian Snowdon and Howard Vane This book will attract a wide readership among intermediate undergraduates, as well as postgraduates and lecturers in the fields of macroeconomics and the history of economic thought.

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