I’m not sure about how neglected this subject is. However, if there’s some sort of optimal monetary theory, this is a very hingy time to find it and implement its policy recommendations.
Maybe you could cite some bibliography. I’ve recently read and can recommend M. King’s The End of Alchemy, SEP Philosophy of Money, andMacmillan’s The End of Banking (more focused on finances, but with some good insights and recommendations about monetary theories)
Thanks—I wasn’t aware of the Open Phil resource or those other readings. I’ll check them out.
Agree that macroeconomics is far from a neglected subject, but given the potential impact of these issues it feels like something that I at least would like to have a more solid understanding of and views about. It also seems plausible to me that the perspective of EAs might be slightly different that mainstream economists—e.g. due to the focus on longtermism and global, rather than national, welfare.
I’ll add a bibliography, including your reccomendations, but tbh my understanding has largely been informed by discussions with a friend who did their PhD in economic history. It’s a little hard to cite those discussions :)
I am as perplexed as you are, and I share the doubts you mention in the last paragraphs.
Did you check this at Open Philanthropy?
I’m not sure about how neglected this subject is. However, if there’s some sort of optimal monetary theory, this is a very hingy time to find it and implement its policy recommendations.
Maybe you could cite some bibliography. I’ve recently read and can recommend M. King’s The End of Alchemy, SEP Philosophy of Money, and Macmillan’s The End of Banking (more focused on finances, but with some good insights and recommendations about monetary theories)
Thanks—I wasn’t aware of the Open Phil resource or those other readings. I’ll check them out.
Agree that macroeconomics is far from a neglected subject, but given the potential impact of these issues it feels like something that I at least would like to have a more solid understanding of and views about. It also seems plausible to me that the perspective of EAs might be slightly different that mainstream economists—e.g. due to the focus on longtermism and global, rather than national, welfare.
I’ll add a bibliography, including your reccomendations, but tbh my understanding has largely been informed by discussions with a friend who did their PhD in economic history. It’s a little hard to cite those discussions :)