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Fato não destacado pela faculdade…

…foi esta novidade: o PRIMEIRO artigo internacional de um economista do IBMEC-MG. Sim, estes caras que fazem a fama que o aluno, depois, conta para os tios no Natal. O nome do autor é Ari Francisco de Araujo Jr. O sujeito não é “mundialmente famoso (pelo que, exatamente?), nem reconhecido (principalmente pela Interpol?)”. Não é um “consultor famoso de auto-ajuda”, “colunista que finge saber de economia”, e nem é o sucesso do Porcão ou dos cassinos de Monte Carlo.

Nada disto.

Ele apenas trabalha muito e pesquisa. Coisa que, claro, não faz sucesso na era do “marketing pessoal” que vende gato por lebre para muita gente ingênua. Da próxima vez que for falar do seu professor, veja se ele ao menos sabe preencher seu currículo Lattes corretamente. Ari sabe.

Ah sim, ele também é co-blogueiro aqui, embora não muito presente.

Parabéns, Ari.

Anúncios
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Incentivos e humor de tablóides

Al Jaffe (o mesmo da Mad?) e seus quadrinhos.

Jaffee conceived of Tall Tales while in desperate economic straits, and hit upon a winning formula for breaking into the lucrative comics syndicate game: rather than drawing a traditional horizontal strip that would compete with the existing material, he opted for a seven-inch-tall vertical strip, which gave editors a lot more flexibility as to where in the paper the strip would run.

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A importância da retórica em economia

It is not surprising that Launhardt’s work has not been widely appreciated because of his obscure style and the inaccessibility of his writings.8 As such, our analysis of Launhardt’s spatial monopoly model provides a good example of the fact that the same scientific discovery can be realized independently by geniuses of different time. Beckmann (1968) and GO (1975) independently developed the spatial monopoly model and used this model as a vehicle to investigate spatial price policies, the market area and the plant location problems. Apparently, they were unaware that their basic model and conclusions had already been anticipated and given by Launhardt.

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Por que o keynesianismo pterodoxo não explica nada?

Resposta de um respeitável economista:

Keynesian economics failed because Keynes did not provide an intellectual foundation to his policies that was consistent with the underlying microeconomic theory of behavior; economists express this critique by saying that Keynesian economics does not have a microfoundation. Expectations… provides this foundation by explaining why unemployment cannot be cured by a fall in the money wage. It also provides a dynamic version of Keynes’ theory of aggregate demand that suggests a policy to maintain full employment that is different from the two remedies that are common today.

Keynes’ theory was static; he did not account for decisions that are made by households that take account of the future in a consistent way. He argued that the Depression occurred because firms were not spending enough on factories and machines: This lack of private investment expenditure should be replaced by government expenditure through deficit spending and his arguments were responsible for the fact that government in the US currently accounts for more than 20% of purchases and 30% of total expenditure Expectations, Employment and Prices explains how an alternative policy can maintain full employment without the need for government to have such a large footprint in the economy. I argue instead for the creation of a new institution, similar to the Fed, that is charged with the role of maintaining asset prices much in the way that the Fed controls the interest rate.

Eis o original. Moral da história: não me venha com este lero-lero furadíssimo de que temos que “reler a Teoria Geral no original”. Não há nada disto. O que é importante é avançar no conhecimento, não se dedicar a adorações messiânicas de economistas mortos.