tag:blogger.com,1999:blog-7342528022617501525.post4628835350668473849..comments2024-03-28T15:05:33.781+13:00Comments on Economics New Zealand: Report from the GEN conferenceDonal Curtinhttp://www.blogger.com/profile/03687495556590450225noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7342528022617501525.post-24727904545393496332014-11-06T18:10:50.497+13:002014-11-06T18:10:50.497+13:00Thanks Jim. On your first point, Paul Oyer (from m...Thanks Jim. On your first point, Paul Oyer (from my notes of his talk) said something very similar, that the GFC actually proves that established micro ideas (low price of risk, incentives, regulation) work well Donal Curtinhttps://www.blogger.com/profile/03687495556590450225noreply@blogger.comtag:blogger.com,1999:blog-7342528022617501525.post-70163664024347617532014-11-06T18:03:04.367+13:002014-11-06T18:03:04.367+13:00My impression of public policy making is its value...My impression of public policy making is its value would double if they all remembered the first six weeks of microeconomics 101.<br /><br />In macroeconomics, reading Milton Friedman's 1968 classic the role of monetary policy will at least once a year should be compulsory. First, do no harm is the most important lesson of all.<br /><br />On the exchange rate, stop pretending you know whether it's too high or too low because if you did, you would be out trading on your own account.Jim Rosehttps://www.blogger.com/profile/02233668500637892711noreply@blogger.com