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Welcome to the Rebuild Macro Blog
Stories and articles made for people who want to rebuild.


Building Back Better”: Economic Boost or Private Profiteering?
Kate Bayliss, Ben Bowles and Elisa Van Waeyenberge Successive governments have attached considerable weight to infrastructure spending....
May 13, 20214 min read
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Economists Work in Communities, and this Shapes the Incentives for Research
by Carlo D’Ippoliti Other social scientists accuse economists of picturing human beings as anti-social egoistic individuals – and of...
May 5, 20213 min read
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The REF and UK Academic Macroeconomics: Friends or Foes?
Research evaluation exercises and metrics are an inherent part of academic life. But how do they affect individual research decisions, as...
Apr 29, 20215 min read
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Excavating the Academia-Policy pipeline: the history of economic research at the Bank of England
by Beatrice Cherrier In 2012, Andrew Haldane, who was to become Bank of England chief economist two years later, wrote a VoxEu column...
Feb 25, 20214 min read
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Cultures of Model Use
by Ekaterina Svetlova The Economist (14 November 2020) highlighted the, sometimes tetchy, debate between epidemiologists and economists...
Dec 21, 20204 min read
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Third Annual Conference: Understanding Social Macroeconomics
If we were to choose two words to summarise, they would be ‘social’ and ‘interaction’ between people...
Oct 20, 20205 min read
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Our prehistoric brain in the laboratory: encouraging cooperation through identity-bias
by Yvan Russell - Biologists define “social” and “cooperation” with a very wide ambit: “social” refers to organisms that clump together...
Sep 7, 20204 min read
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Institutional Supercycles: An Evolutionary Macro-Finance Approach
Yannis Dafermos, Daniela Gabor, Jo Michell - we draw on under-exploited insights from Minsky to provide an analysis of evolutionary Macro
Jul 30, 20203 min read
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The Inexact Science of Research Assessments and Why Macroeconomics Should Worry About It
Danielle Guizzo & James Walker -- It is often said that academics and university research managers are obsessed with research rankings.
Feb 19, 20204 min read
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Why Households Matter for Understanding the Macroeconomy
Johnna Montgomerie and Ryan Davey - Almost all of us live in a household. Yet there is surprisingly little agreement about what ...
Jan 8, 20203 min read
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A Marketplace of Economic Ideas
Carlo D'Ippoliti - Citations are the new metric in the marketplace of economic ideas. They are part of parcel of meeting the requirements...
Dec 17, 20193 min read
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So. Farewell then PFI, what next for infrastructure finance?
Elisa Van Waeyenberge, Benjamin Bowles & Kate Bayliss - The UK’s infrastructure needs investment. From potholes to HS2...
Jul 11, 20193 min read
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What Is Money Today? Legal and Economic Perspectives
Rosa Lastra, Jason Grant Allen and Michael Kumhof - Money today is different to money even a decade ago. The use of cash is declining and m
Jun 26, 20194 min read
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Do Central Bankers use Economic Analysis?
Beatrice Cherrier - Economists have recently exhibited considerable anxiety regarding their influence on policy-makers and citiz...
May 28, 20193 min read
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Who Leads the Change in Macro-Prudential Thinking?
Matthias Thiemann
What is the role of applied economists working in central banks and international organizations?
May 13, 20193 min read
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Labour without energy is a corpse; capital without energy is a sculpture
Professor Steve Keen - With the simple insight that “labour without energy is a corpse, and capital without energy is a sculpture...
May 7, 20194 min read
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Including Human Interaction in Macroeconomics
Maxim Gusev and Dimitri Kroujiline - Macroeconomic models rarely make explicit how people actually interact. When this
Mar 25, 20193 min read
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Minsky Was a Shadow Banker
Daniela Gabor, Yannis Dafermos, Jo Michell - How did shadow banking contribute to the global financial crisis? Is a stable shadow ban...
Jan 22, 20193 min read
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Women in Economics: Why it Matters – Part II
Carolina Alves - Some may think that the gender balance in economics is fine and gradually improving. Yet the proportion of women in eco
Dec 19, 20184 min read
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Women in Economics: Why it Matters – Part I
Carolina Alves & Gavin Hassall - Rebuilding Macroeconomics (RM) hosted its Women in Economics event at NIESR recently, as part of the...
Dec 19, 20183 min read
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