IF you go here, you will find a link to a download page. I am not sure how many downloads my internet host will allow before siccing the bandwidth police on me. So please do not download it unless you are seriously planning to read it (it is about 120 pages, pdf).
Feel free to leave comments on the book on any blog post.
>>not sure how many downloads my internet host will allow before siccing the bandwidth police on me
Bittorrent? Also I could throw up a mirror on windows azure if you’d like. Thanks for a great blog.
The book reads like a summary of your blog posts articulating the PSST idea. It comes off as almost common sense and seems pretty difficult to argue with. Classicals, Keynesians and market monetarists all get to state their defense but there are no attacks on the Schumpetarian adjustment (PSST) idea.
It seems like a keynesian would read this and say that the PSST idea simply states what economic activity is (jobs are created and destroyed, technology advances and prices change) and doesn’t really put forward an economic theory. Maybe this is due to a bias towards any economic theory needing to have a policy prescription or predictive power but how would one use PSST except maybe to warn against costly and ineffective interventions by the government?
“how would one use PSST except maybe to warn against costly and ineffective interventions by the government?”
Simply that much would be enough.
Any chance you’d make it available in a format that is more conducive to e-readers? Even Word document would work, though I know that might make you uncomfortable. But there exists free software that will turn it into an ebook format.
I added a .mobi file to the page, which should work on Kindle
Thanks much! Looking forward to reading this.
Started it, so far it’s great. Serious question: you mention the reader should be familiar with macro first; if you had to recommend 1-2 canonical texts which would they be? (Preferably for mathematically inclined) Thanks in advance for any tips,
Just started and haven’t gotten far, quick comment. You put G William Miller, Jimmy Carter’s Fed head for a year or so, in a footnote. I had always been under the impression that his pedal-to-the-metal accommodation of commodity inflation (mostly energy) led to the inflation crisis that led to Volker (and the rest is history). Doesn’t that make G. William Miller historically important enough to be listed as a Fed chairman?