Summary:
This is one of the most widely believed models in economics, but it is simply wrong, I show how this false model drove the policy measures by Central Banks during the economic crisis, resulting in huge expenditures being needed to cause relatively trivial stimuli.
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
This is one of the most widely believed models in economics, but it is simply wrong, I show how this false model drove the policy measures by Central Banks during the economic crisis, resulting in huge expenditures being needed to cause relatively trivial stimuli.
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
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