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:
Mike Norman writes Rinse and repeat–Truss chaos–the new benchmark — Bill Mitchell
Lars Pålsson Syll writes The man who never wavered — Alan Bates
Joel Eissenberg writes You can’t fool Mother Nature
Bill Haskell writes Grades and learning
|