Summary:
What follows is very unorthodox thinking even among the heterodox. It’s well beyond and different from MMT’s utterly convincing takedowns of “loanable funds” notions, for instance. So take it as the ravings of an internet econocrank, if you will. But here it is FWIW.... AsymptosisThe Mysterious Stock of “Loanable Funds” Steve Roth
Topics:
Mike Norman considers the following as important: loanable funds theory
This could be interesting, too:
What follows is very unorthodox thinking even among the heterodox. It’s well beyond and different from MMT’s utterly convincing takedowns of “loanable funds” notions, for instance. So take it as the ravings of an internet econocrank, if you will. But here it is FWIW.... AsymptosisThe Mysterious Stock of “Loanable Funds” Steve Roth
Topics:
Mike Norman considers the following as important: loanable funds theory
This could be interesting, too:
Mike Norman writes Lars P. Syll — Schumpeter–an early champion of MMT
Mike Norman writes Lars P. Syll’s Blog Krugman vs Kelton on the fiscal-monetary tradeoff
Mike Norman writes Lars P. Syll — Kalecki and Keynes on the loanable funds fallacy
Mike Norman writes Lars P. Syll — The causes of secular stagnation and the loanable funds theory
What follows is very unorthodox thinking even among the heterodox. It’s well beyond and different from MMT’s utterly convincing takedowns of “loanable funds” notions, for instance.
So take it as the ravings of an internet econocrank, if you will. But here it is FWIW....Asymptosis
The Mysterious Stock of “Loanable Funds”
Steve Roth