Keynesian traps and flooding the building
A frequent correspondent sent me a link to Phillip's Economic Computer, a wonderful analogue device designed to illustrate the flow of money within the economy. And that got me thinking...A very rough and brutal sketch of Keynes' classical account of ...
Keynesian traps and flooding the building
A frequent correspondent sent me a link to Phillip's Economic Computer, a wonderful analogue device designed to illustrate the flow of money within the economy. And that got me thinking...A very rough and brutal sketch of Keynes' classical account of ...
Deprogramming Obama
A nice slant from Salon: the president is a prisoner of the cult of neoliberalism.
Deprogramming Obama
A nice slant from Salon: the president is a prisoner of the cult of neoliberalism.
The modifier on innovation
There has been a fair amount of discussion recently about financial innovation. Willem Buiter has suggested that new financial products should have a licensing regime akin to drugs, and Felix Salmon has written provocatively on the link (or lack there...
