Eric Mayer Book order

Set in 548 CE, the story unfolds in Constantinople, where Emperor Justinian grapples with the loss of his wife, Empress Theodora, leading to the exile of his aide, John. During a chaotic attempt by an Egyptian magician to resurrect the empress, demons emerge and steal a sacred relic. Felix, the new Captain of the Palace Guard, is tasked with recovering the lost artifact, diving into a world of intrigue and supernatural events that challenge his loyalty and courage.

Set against the chaotic backdrop of the Nika Riots in 532 Constantinople, John, the Chamberlain to Emperor Justinian, is tasked with uncovering conspirators aiming to overthrow the emperor. As he navigates a city ablaze with unrest, he encounters Porphyrius, a charioteer with secrets, and faces potential threats from royal claimants and a spirited young girl. With General Belisarius’s loyalty in question, John must unravel a complex web of intrigue before the violence spirals out of control and jeopardizes his mission.

In a New Keynesian DSGE model with non-Ricardian consumers, we show that automatic stabilization according to a countercyclical spending rule following the idea of the debt brake is well suited both to steer the economy and in terms of welfare. In particular, the adjustment account set up to record public deficits and surpluses serves well to keep the level of government debt stable. However, it is essential to design its feedback to government spending correctly, where discretionary lapses should be corrected faster than lapses due to estimation errors. -- Fiscal policy ; debt brake ; welfare ; dsge