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


Noisy Brains & Unsettled Markets
Nick Chater - Noise is one of the most striking and ubiquitous properties of the human brain. Each individual brain cell, or neuron,
Nov 30, 20183 min read
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Do Expectations Drive Big Events?
Michael Hatcher - A key distinction between economies and physical systems, like the weather, is that economies consist of individuals who
Nov 15, 20184 min read
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Central Banking: When Communication is the Policy
The psychological and behavioural economics literatures have had a transformative impact on how we understand people’s financial and persona
Nov 13, 20184 min read
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Bringing Psychology & Social Sciences into Macroeconomics: Summary
Rebuilding Macroeconomics held its first annual conference at HM Treasury, bringing together perspectives from anthropology, maths, neur...
Oct 24, 20185 min read
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What do Economic Agents Know?
David Tuckett - Can we develop a reliable way to assess how the role of changing narratives influences the macroeconomy?
Jun 17, 20183 min read
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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...
Mar 14, 20184 min read
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Volatility is Back!
Stefan Lenis - Since the beginning of this year, we have experienced what some market commentators have called the “return of volatili...
Mar 12, 20184 min read
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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”...
Feb 23, 20184 min read
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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...
Feb 14, 20183 min read
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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...
Dec 20, 20174 min read
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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....
Nov 16, 20173 min read
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Are business cycles chaotic? (part I)
J. Doyne Farmer – What causes business cycles? Mainstream macroeconomics says the primary cause are “shocks”.
Nov 2, 20174 min read
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Getting Real About Macro
David Tuckket - My ideas come from a mix of old fashioned economics, sociology, psychoanalysis and two streams of empirical research...
Oct 17, 20175 min read
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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.
Oct 2, 201712 min read
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