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Podcast: Eurodollar University
Episode:

Why Central Bankers are FORCED to Lie
Category: Business
Duration: 00:19:33
Publish Date: 2024-05-28 11:00:00
Description:

What's misinformation about the economy? It's a well-known fact policymakers and Economists outright lie about any situation. But why? They say it's for your own good. The lies are beginning to pile up so much that officials now have to lie about their lies, including the very theory behind all of this especially when some of the theoreticians who came up with it no longer want to be the very purveyors of misinformation. 

Eurodollar University's Money & Macro Analysis

George DeMartino Should Economists Deceive? Prosocial Lying, Paternalism, and the ‘Ben Bernanke Problem’
https://scholarworks.umass.edu/cgi/viewcontent.cgi?article=1256&context=peri_workingpapers

DeLong & Summers How Does Macroeconomic Policy Affect Output?
https://www.brookings.edu/wp-content/uploads/1988/06/1988b_bpea_delong_summers_mankiw_romer.pdf

Brad DeLong Greater Depression
https://www.project-syndicate.org/commentary/j--bradford-delong-argues-that-it-is-time-to-call-what-is-happening-in-europe-and-the-us-by-its-true-name

Bank of England  Ben Bernanke to lead review into forecasting at Bank of England
https://www.bankofengland.co.uk/news/2023/july/ben-bernanke-to-lead-review-into-forecasting-at-bank-of-england

Bank of England Forecasting for monetary policy making and communication at the Bank of England: a review
https://www.bankofengland.co.uk/independent-evaluation-office/forecasting-for-monetary-policy-making-and-communication-at-the-bank-of-england-a-review/forecasting-for-monetary-policy-making-and-communication-at-the-bank-of-england-a-review

Mervyn King Per Jacobsson Lecture: The World Turned Upside Down: Economic Policy in Turbulent Times
https://meetings.imf.org/en/2019/Annual/Schedule/2019/10/19/imf-seminar-per-jacobsson

https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU
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