Summary:
As I note in the opening, money and monetary policy shape our lives and politics, but almost everything that is convntionally believed about it, especially by mainstream economists, is wrong. I show how the Federal Reserve Governors & Federal Open Market Committee clearly believe in the “money multiplier” model, which is a logical fallacy. They ...
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
As I note in the opening, money and monetary policy shape our lives and politics, but almost everything that is convntionally believed about it, especially by mainstream economists, is wrong. I show how the Federal Reserve Governors & Federal Open Market Committee clearly believe in the “money multiplier” model, which is a logical fallacy. They ...
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
Matias Vernengo writes Esteban Pérez Caldentey on the Ideas of Raúl Prebisch
Lars Pålsson Syll writes Traum eines gemeinsamen Staates
Michael Hudson writes The Black & White of Elite Imperialism with Jill Stein
Lars Pålsson Syll writes DSGE models — a total waste of time
|