Home » Posts tagged "Koppl"

Tag Archives: Koppl

The truth is out about politics, politicians, officials and bureaucracies – the IEA publishes a primer on Public Choice Theory


Post Image

With the fuel scare over the last week, we saw how a few people in power can shift peoples’ expectations radically and drive them in large numbers to take the same actions. In technical if graceless terms, we have seen how big players shift economic expectations to produce herding. Of course people are responsible for their own actions but politicians and officials influence how people think and therefore what they do. Now, with the release of the IEA’s short primer […]

Tags: , , , , , , ,

BBC News – Stock markets rise on hopes of more US Fed stimulus


Via BBC News – Stock markets rise on hopes of more US Fed stimulus: Stock markets and gold prices have risen, while the dollar has fallen, as markets anticipate further stimulus measures by the US Federal Reserve. Compare to Roger Koppl’s Big Players and the Economic Theory of Expectations, which I reviewed here. As Koppl writes: Big Players are privileged actors who disrupt markets. A Big Player has three defining characteristics. He is big in the sense that his actions […]

Tags: , , ,

Big Players and the Economic Theory of Expectations


This post originally appeared on cobdencentre.org. Via FT.com / US / Economy & Fed – Fed signals pullback in liquidity supports, we learn: The Federal Reserve on Wednesday upgraded its assessment of the US economy and highlighted its intention to shut down most of its crisis-fighting liquidity facilities in early 2010. And consequently: Stocks eased slightly after the Fed statement, while the yield curve in the bond market steepened. Which brings us on to Roger Koppl’s Big Players and the […]

Tags: , , , ,