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Tag Archives: Academic Agent on “Six Key Lessons from Classical Economics”: A Critique

Academic Agent on “Six Key Lessons from Classical Economics”: A Critique

“The Academic Agent” has a video here on what he calls “Six Key Lessons from Classical Economics” (but actually from both Classical and Neoclassical economics):[embedded content]Of course, not all of his points are wrong. And, since I assume various followers of “Academic Agent” will read this, let me state: I support Post Keynesian economics, a non-neoclassical version of Keynesianism.But let us break this down as follows, point by point:(1) “Wealth is not Money”.This is true. Money is...

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