David Andolfatto on Muck Rack

David Andolfatto

  • Head of Economics Department, Miami Herbert Business School
Miami
As seen in: Newsweek, Substack, Federal Reserve Bank of St. Louis, Cato Institute, RealClear Markets, Wall Street Pit, Arkansas Business, Central Banking, The CDHI Podcast, Revue Banque and
Construction worker turned academic turned central banker turned academic again. Chair, Economics Department @MiamiHerbert University of Miami
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Articles

On "Equilibrium" in Economics

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By David Andolfatto
| Substack
Jesus Fernandez-Villaverde’s recent post on X “Ten Commandments on Equilibrium in Economics” has generated a considerable amount of shock, praise, and criticism. Others have made similar observations, including yours truly.
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Trump, Waller, and the Coincidence of Correctness

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By David Andolfatto
| Substack
It’s easy—perhaps too easy—to dismiss Donald Trump’s views on monetary policy. After all, he is not a trained economist, nor does he possess any obvious background in the theory or practice of central banking. So when he calls for lower interest rates or lambasts the Fed chair for doing “too little too late,” the usual response from the commentariat is a mixture of eye-rolling and hand-wringing about political interference. But let’s not conflate poor credentials with poor judgment.
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A conversation with Eric Tymoigne on MMT vs SMT

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By David Andolfatto
| blogspot.com
There are a lot of moving parts to the MMT program. I want to focus on one of these parts today: the relation between monetary and fiscal policy. One thing I find appealing about MMT scholars is their attention to monetary history and institutional details. I've learned a lot from them in this regard. But as is often the case with details, one has to worry about whether they help shed light on a specific question of interest, or whether they sometimes let us not see the forest for the trees.
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