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Steve Keen considers the following as important:
This could be interesting, too:
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
Mike Norman writes My podcast interview with MMT professor Randy Wray.
Mike Norman writes RT — Russian central bank reveals how it braced for Western dollar grab
Mike Norman writes V. Ramanan — Nicholas Kaldor On Monetary Policy And Stability Of Financial Instituitions
Michael Smith writes Death to Farm Credit from Those on High
Sounds like economics is suffering from a lack of deep insights from money. Anthropology found economics to be wrong on money originating from barter. Economics puts 0 price on liquidity, even though liquidity crisis do occur. Monetary values are our main source of economic information and yet somehow Economics wants to abstract away from that some unobservable unit like utils. After all thats done, it does some extra mental gymnastics to say that the money in your wallet is an illusion but unobservable utils are somehow "real".