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13 Macroeconomics – The Return of Ideologies

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Hauptschule
Seminar
english language

Before the global financial crisis, macroeconomists largely settled into the  New Keynesian Consensus , a fusion of demand-side and supply-side thinking that brought a measure of peace to a field priviously in conflict. In the wake of the crisis, the consensus has weakened: Old Keynesianism is stronger than before, the status of monetary policy has fallen, and some economists loudly claim that the global slump is mostly driven by bad supply-side shocks. We will investigate these splintered schools, combining a nontechnical summary of these theories with a look at where these theories do and do not fit the facts of the global slump.

Recommended literature:

Paul Krugman, End this Depression Now!

Tyler Cowen, The Great Stagnation

Casey Mulligan, The Redistribution Recession

Greg Mankiw, The Macroeconomist as Scientist and Engineer

Speakers

BB&T Professor for the Study of Capitalism, Mercatus Center; Associate Professor of Economics, George Mason University, Fairfax Chair
Independent Economic Researcher and University Lecturer, Vienna Chair

Ph.D. Garett JONES

BB&T Professor for the Study of Capitalism, Mercatus Center; Associate Professor of Economics, George Mason University, Fairfax

2002-2003 Economic Policy Adviser, U.S. Senator Orrin Hatch, Washington, D.C
2007-2010 Assistant Professor of Economics, George Mason University, Fairfax
2009 BB&T Professor for the Study of Capitalism, Mercatus Center, Fairfax
2010 Associate Professor of Economics, George Mason University, Fairfax

Mag. Dr. Stephan SCHULMEISTER

Independent Economic Researcher and University Lecturer, Vienna

1972-2012 Research Fellow, Austrian Institute of Economic Research, Vienna
1974-1975 Post-graduate studies, Bologna Center, Johns Hopkins University, Bologna
1982 Visiting Scholar, New York University
1986-1987 Visiting Scholar, Wissenschaftszentrum Berlin
1988-2005 Visiting Scholar, University of New Hampshire
since 2006 Lecturer of Economics, University of Vienna and WU Vienna University of Economics and Business
2010 Visiting Scholar, International Monetary Fund, Washington

Seminar Week

show timetable

13.08.2014

17:00 - 17:15Opening of the European Forum Alpbach 2014Plenary
17:15 - 17:30Opening Concert, Part 1: sAmo for Flute, Violoncello and AccordionCulture
17:30 - 18:30Opening SpeechesPlenary
19:00 - 19:30Opening Concert, Part 2: Blink, Think & ListenCulture
19:30 - 21:00Presentation of the SeminarsPlenary
21:00 - 22:00Bread and WineSocial

14.08.-19.08.2014

01 Sustainable Peace and Security - Who Cares?Seminar
02 The Politics of Emotions: Diagnosis and Historical TransformationsSeminar
03 An Energy Transition for the FutureSeminar
04 The Human MicrobiomeSeminar
05 Creativity and Innovation for GrowthSeminar
06 1814 - 1914 - 1989: Paradigm Shifts in Public International Law and PoliticsSeminar
07 Ethical Implications of Religious WorldviewsSeminar
08 Art and ProtestSeminar
09 Europe and Its Neighbours - EU External Relations at the Crossroads?Seminar
10 Collective Memory - Present Focus on the PastSeminar
11 Feeding the WorldSeminar
12 Decisions Under UncertaintySeminar
13 Macroeconomics - The Return of IdeologiesSeminar
14 Human - Machine - RoboticsSeminar
15 The Aftermath of 1914-1918: Images of the Great WarSeminar
16 The Key to Good GovernanceSeminar
17 Media from a Theoretical PerspectiveSeminar

14.08.2014

18:00 - 19:00Vernissage: Let the Children Play. On the 25th Anniversary of the UN-Declaration of the Rights of the ChildCulture

15.08.2014

19:00 - 20:30Literature Talk: Wars and Civil Wars in the Mirror of Current World LiteratureCulture

16.08.2014

18:00 - 19:30Courage. In Memoriam Fritz MoldenCulture

18.08.2014

19:30 - 20:30Theatre Performance: Free AssociationCulture

19.08.2014

19:00 - 22:00Alpbach IdeaJam: SEM meets EDUPlenary