Tuesday, February 19, 2013

Gittins and economic dyspepsia

When John Maynard Keynes said we're all dead in the long run, it's obvious he was criticising modelling of the economy as if it's in continuous equilibrium. 18 Feb 2013 6:44 AM

Source: http://www.businessspectator.com.au/bs.nsf/Article/Keynes-market-equlibrium-economics-Minsky-pd20130218-4ZQCT?opendocument&src=rss

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