A number of readers, both at this blog and other places, have been asking for an explanation of what IS-LM is all about. Fair enough – this blogosphere conversation has been an exchange among insiders, and probably a bit baffling to normal human beings (which is why I have been labeling my posts “wonkish”).
[Update: IS-LM stands for investment-savings, liquidity-money — which will make a lot of sense if you keep reading]
So, the first thing you need to know is that there are multiple correct ways of explaining IS-LM. That’s because it’s a model of several interacting markets, and you can enter from multiple directions, any one of which is a valid starting point.
Friends of African Village Libraries (I post regularly here)- Résumé des activités de l’animateur de ABVBF à la bibliothèque de Dimikuy
- Interview d’une lectrice de la bibliothèque de Dimikuy
- Résumé de la sortie de l’animateur de ABVBF à la bibliothèque de Dohoun
- Photos from Tuy province libraries in Burkina Faso from the past month
- Animation à la bibliothèque de Koumbia
- Compte rendu de la rencontre extraordinaire de Amis des Bibliothèques de Villages du Burkina Faso/ABVBF
- Organisation d’une séance de dessin à la bibliothèque de Koumbia
- Une visite de l’animateur de ABVBF à la bibliothèque communautaire de Koho
- Some recent photos from the mobile library in Hounde, Burkina Faso
- Remise du deuxième prix du meilleur gérant des bibliothèques de la zone du Tuy
Michael Kevane 