Economics – about and around mainstream DSGE orthodox macro

ll around ortho macro – de facto, debate, diverse (self)critiques, defense, delusion, denial + disagreement - updated 4-2020 see also  > history of economics, economics as social science > Economy, Economics, DSGE, mainstream, orthodox, macro, equilibrium, Neoliberalism, Politics, Rethinking Political Economy https://www.econlib.org/hendersons-criticisms-and-appreciations-of-john-kenneth-galbraith/ bostonreview.net 3-2022 Bad Economics - How microeconomic reasoning took over the very institutions of American governance … Continue reading Economics – about and around mainstream DSGE orthodox macro

De facto MMT disequilibrating DSGE ?

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 ?