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


Jul 26, 20184 min read
Is Finance ‘Fit for Purpose’?
Dirk Bezemer - Metaphors are appealing in their simplicity, but can mislead if they are framed inaccurately. Before 2007
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Jun 17, 20183 min read
What do Economic Agents Know?
David Tuckett - Can we develop a reliable way to assess how the role of changing narratives influences the macroeconomy?
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Jun 4, 20184 min read
The Institutions of Globalisation: Globalisation Hub Workshop Summary
Stephen Kinsella & Gavin Hassall – Globalisation is the increased interconnection of markets for goods, services, capital, labour and id...
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Apr 18, 20185 min read
Where are Women in Macroeconomic Models?
Özlem Onaran - In a recent article in the Financial Times, Gemma Tetlow asked “Where are all the female economists?”
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Mar 14, 20184 min read
Ergodicity: Rebuild Macro’s Instability Workshop Summary
Roger Farmer - Last Thursday on March 8 2018, Jean-Philippe Bouchaud and I held the first meeting of the Rebuilding Macroeconomics proje...
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Mar 12, 20184 min read
Volatility is Back!
Stefan Lenis - Since the beginning of this year, we have experienced what some market commentators have called the “return of volatili...
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Mar 6, 20184 min read
How to End Poverty with Globalisation
Stephen Kinsella & Gavin Hassall – Economists have been thinking about the economics of trade for at least two centuries. In fact, it’s...
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Mar 2, 20184 min read
Mathematics, Finance & Ethics
Tim Johnson - There are three types of mathematicians: those that can count and those that can’t. This aphorism challenges the public pe...
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Feb 23, 20184 min read
Of Minds & Money
David Orrell – In 2017, when the ESRC announced that it was setting up a network of experts from different disciplines to “revolutionise”...
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Feb 14, 20183 min read
Rebuild Macro’s Instability Hub: An Introduction
Roger Farmer – Jean-Philippe Bouchaud and I are pleased to be leading a research hub devoted to understanding why economies...
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Jan 11, 20184 min read
A Response to ‘Why Does Economics Get so Much Stick?’
Sheila Dow - Simon Wren-Lewis’s misunderstanding of my argument (The culture of expertise in macroeconomics) shows where
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Jan 8, 20184 min read
Culture of Expertise in Macroeconomics
Sheila Dow - Why has macroeconomics been dominated by a particular approach for so long? Granted, mainstream macroeconomics has continued to
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Dec 22, 20174 min read
How can we achieve a sustainable economy?
Ida Sognnaes -How can we achieve a sustainable economy? This was the question posed at Rebuilding Macroeconomics Sustainability hub’s...
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Dec 20, 20174 min read
Macroeconomics with Human Actors?
David Tuckett – In my last blog, I wrote about how economic theory needs to be ecologically valid – meaning that it needs to model agents...
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Dec 13, 20175 min read
Can Globalisation Benefit All?
Stephen Kinsella - If we are to rebuild macroeconomics, we must understand one of the fundamental forces shaping our economies.
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Dec 11, 20174 min read
Do Institutional Networks Support a Monoculture in Macroeconomics?
Richard Bronk – As Mark Anthony might have said, I come to praise the standard economic paradigm and academic or practitioner networks...
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Dec 1, 20176 min read
How do Macroeconomics Ideas Become Dominant?
Beatrice Cherrier -One concealed yet problematic feature of the booming “current state of macro” genre is the systematic reliance on inco...
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Nov 24, 20174 min read
Do we have confidence in our economic institutions?
Jack Wright - This is the question a collection of economics-related academics and representatives from charities, think tanks, government a
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Nov 16, 20173 min read
Making Sense of Chaos with the Windy-Boat
Roger Farmer – Last week my Rebuild Macro colleague Doyne Farmer, asked “Are Business Cycles Chaotic?” Doyne’s answer is....
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Nov 2, 20174 min read
Are business cycles chaotic? (part I)
J. Doyne Farmer – What causes business cycles? Mainstream macroeconomics says the primary cause are “shocks”.
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Oct 25, 20174 min read
Do Macroeconomists have Morals?
Laura Bear - As an anthropologist among the tribe of macroeconomists in the Rebuilding Macroeconomics network I have been impressed...
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Oct 17, 20175 min read
Getting Real About Macro
David Tuckket - My ideas come from a mix of old fashioned economics, sociology, psychoanalysis and two streams of empirical research...
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Oct 10, 20173 min read
Public Discussion: Can Globalisation Benefit Everyone?
Angus Armstrong - On 27th September, Rebuilding Macroeconomics held its first Discovery Meeting at The Lowry in Salford, near Manc...
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Oct 2, 201712 min read
Refereeing: Do we have Confidence in Economic Institutions?
Roger Farmer - Like most academics, I spend much of my time asking for money from research councils.
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