Economics sometimes changes its mind? All around ortho macro – de facto, debate, diverse (self)critiques, defense, delusion, denial + disagreement - featured - updates below see also > history of economics, economics as social science > Economy, Economics, DSGE, mainstream, orthodox, macro, equilibrium, Neoliberalism, Politics, Rethinking Political Economy economist.com 6-8-2020 Economics-sometimes changes its mind Economics is a “disgrace”, … Continue reading Economics – about and around mainstream DSGE orthodox macro
Allegedly 85% of politicians are not familiar with how banks create money ... For the general population it's 80%. Any questions? Like, what does it mean for a government to have "... no money left!" as Michael Gove puts it, quoting the last outgoing Labour chancellor? When Andrew Gwynne objects: "But that was a joke..." does that … Continue reading One or two of the 85%?