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Social Democracy for the 21st Century: A Realist Alternative to the Modern Left
Sunday, August 30, 2015
Steve Keen on Equilibrium Theory as a Bad Habit
This is a talk Steve Keen recently gave at Cartanega University in Colombia on the flaws of equilibrium modelling in neoclassical economics.
1 comment:
A
August 30, 2015 at 11:59 AM
Keen's model seems to assume that lenders do not spend the interest income they receive.
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Keen's model seems to assume that lenders do not spend the interest income they receive.
ReplyDelete