All around ortho macro – de facto, debate, diverse (self)critiques, defense, delusion, denial + disagreement - updated 9-2020 see also > history of economics, economics as social science > Economy, Economics, DSGE, mainstream, orthodox, macro, equilibrium, Neoliberalism, Politics, Rethinking Political Economy >reform capitalism, neoliberalism, markets ft.com/ 18-9-2022 The market is not an end in itself bt Larry Kramer … Continue reading Economics – about and around mainstream DSGE orthodox macro
Turns out Peter Bofinger is not the only German economist who can see MMT across the sea. There is at least one other. Maybe more to follow? "Say it quietly, but Germany has learnt the lessons of Keynes," argues Thorvaldur Gylfason. Mind you, he is talking fiscal largesse, not ECB money. In the "we are … Continue reading De facto MMT disequilibrating DSGE ?