by Summary:
Neoclassical economics was triumphant before the economic crisis and has been in both disarray and denial since. This lecture covers why the evolution of Real Business Cycle and DSGE modeling from the original IS-LM approach was necessary for Neoclassical thought in order to be consistent with its core belief that monetary factors do not determine ...
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Steve Keen considers the following as important:
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Neoclassical economics was triumphant before the economic crisis and has been in both disarray and denial since. This lecture covers why the evolution of Real Business Cycle and DSGE modeling from the original IS-LM approach was necessary for Neoclassical thought in order to be consistent with its core belief that monetary factors do not determine ...
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
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