As a market analyst in the banking sector, what I would offer to economists is that they must integrate into macroeconomic models the behavior of land markets and the capitalization of rents into higher and higher prices for land under conditions of easy access to low cost credit. Land markets are inherently speculation driven in any event because of the almost univiersally low effective rate of taxation on land rents.
@WorthlessWinner13 жыл бұрын
Starts at 9:52
@awdalysaleh404511 жыл бұрын
Thank you so much , really , I'm fully inspired , so that I've to prepare my self exactly , today I got more more relevant English Lecture , by Ms.Jennifer , about the guest , does I've authority to invite , and how much guests ?
@rajshah101111013 жыл бұрын
so informative! new economic thinking!
@NuraddinSamadzadeh12 жыл бұрын
@LukkieUCLA well, it's Austrian, not Australian
@marcelogallardo65243 жыл бұрын
lord Sargent
@sainchawlonen11 жыл бұрын
i think the intro should be longer
@BnTamari12 жыл бұрын
What is What ? asked Per Krusell My answer is: The relation between the quantity of money to the country's output is what governs the country’s economic situation and outcome. See: "economic simulator" Wikipedia Ben Tamari
@ClockSavers11 жыл бұрын
You can skip to 10 min.
@narindersingh10 Жыл бұрын
52:40 Prof. Sims
@FerdowsAther12 жыл бұрын
The curious task of economics is to demonstrate to men how little they know about what they imagine they can design. - F.A. Hayek from "The Fatal Conceit" (Australian School of Economics)
@Gypsyslayer9993 жыл бұрын
I wish Hayek was Australian....
@Nalindrani5511 жыл бұрын
they become stupid when their theories are politicized.
@kummando6412 жыл бұрын
Australian School of Economics ? HAHAHA... Australian ?