by Summary:
Conventional and unconventional monetary policy both suffer from the same flaw: they are based on unrealistic models of how a market economy operates. I give a very fast overview of the (de-)evolution of macroeconomic policy from the Post-War “Keynesian” period through to the Neoclassical ascendancy, before the Global Financial Crisis ushered in both zero reserve ...
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
Conventional and unconventional monetary policy both suffer from the same flaw: they are based on unrealistic models of how a market economy operates. I give a very fast overview of the (de-)evolution of macroeconomic policy from the Post-War “Keynesian” period through to the Neoclassical ascendancy, before the Global Financial Crisis ushered in both zero reserve ...
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
Lars Pålsson Syll writes When usefulness is more important than precision
Bill Haskell writes The Plan to destroy Obamacare
NewDealdemocrat writes The ISM services index, measuring 75% of the economy, sounds an ‘all clear’ – for now, anyway
Joel Eissenberg writes High fructose corn syrup and your health
|