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About GFinM
This is the blog of the Ph.D. programme on global financial markets and international financial stability at the University Jena and the University Halle, Germany. Both Universities conduct a 5 years research and Ph.D. programme especially designed to study global financial markets, their functioning and their stability. The programme offers up to 20 scholarships for Ph.D. students from law and economics. Research is carried out on an interdisciplinary basis from the legal and the economic perspective. For more details see the internet pages of the Ph.D. programme.
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FT.com - Lex, Macroeconomics & markets
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3 Kommentare:
I was quite upset by Mankiw's blog entry. He praises a graduate student as brilliant for proposing something that any Joe Sixpack can read in Wikipedia. And then he praises a colleague for pointing out the obvious, namely that "Schrumpfgeld" was an idea proposed 100 years ago by Silvio Gesell. I see this as a sad sign for the level of economic erudition in the USA.
My guess is that its not erudition in general, but a mere lack of literacy concerning continental European thinkers.
P.S.: As an attempt of self-defence: I made the post bevor Mankiw's update has been made.
"... lack of literacy concerning continental European thinkers" -- I agree. Perhaps this is a reflection of what Allan Bloom has called The Closing of The American Mind. After all, Silvio Gesell is just another "dead white male".
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