Ciaran Marshall – Medium

Ciaran Marshall

Ciaran Marshall

Freedom of speech and freedom of association can be contradictory

Consider last night: my father said we will no longer go to X restaurant, as they not only hiked the prices, but also got rid of included…

Feb 8, 2022

Feb 8, 2022

Ciaran Marshall

Unconventional monetary policy challenges the Wicksellian approach

In a “conventional” monetary policy environment [1], open market operations largely focused on government bond purchases and sales at the…

Feb 7, 2022

Feb 7, 2022

Ciaran Marshall

Structural shifts in V?

As follows from the equation of exchange identity, MV=PQ, the velocity of money matters for determination of the price level (hence…

Jan 24, 2022

Jan 24, 2022

Ciaran Marshall

Class, methodological individualism, and the definition of economics

Is there really such a thing as social class? If so, how do you define class? The commentariat do not have any same two definitions over…

Jan 22, 2022

Jan 22, 2022

Ciaran Marshall

Why the Fed should raise interest rates

For most of this year, high inflation was apparent to anyone that paid attention, no matter what theory you used. Indeed, the disagreement…

Nov 20, 2021

Why the Fed should raise interest rates

Nov 20, 2021

Ciaran Marshall

Will inflation in Britain be transitory?

Our inflation rate is forecasted to reach over 4% this year – the highest in a decade. This is partly a result of (both global and Brexit…

Oct 18, 2021

Oct 18, 2021

Ciaran Marshall

In response to Tyler Cowen

In case you have missed Cowen’s recent Bloomberg article, here is my take!

May 30, 2021

May 30, 2021

Ciaran Marshall

A great stagnation? Or an age of tech optimism?

When economists talk about utility, it is NOT the same thing as income or economic growth. To illustrate a pertinent example: technological…

Apr 19, 2021

Apr 19, 2021

Ciaran Marshall

What is an economy? Plus a neat trick to demonstrate the invisible hand

What is an economy? Let us think of an economy as a set of natural resources, firms that produce goods and services according to their…

Apr 19, 2021

Apr 19, 2021

Ciaran Marshall

Political campaigners must focus on the efficiency of their votes

Labour’s main issue in 2019 was NOT vote share per se; in 2019, Labour got 32%, a better performance than 2015, 2010, and not that much…

Apr 16, 2021

Political campaigners must focus on the efficiency of their votes

Apr 16, 2021

Ciaran Marshall

Ciaran Marshall

Blog production is a convex (but unbounded!) function of my musings on economics (particularly macro), and politics (from a broadly libertarian view)

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