Canard DuJour
Veteran Member
I think this gets to the crux of it :
https://www.youtube.com/watch?v=IyrhoHtSkzg&t=26m24s
(go to about 26:24 if the time stamp thingy doesn't work)
Very like the inherent flaws Keynes identified, along with countercyclical fixes. Neolcassical economics, OTOH, is all about assuming them away.
https://www.youtube.com/watch?v=IyrhoHtSkzg&t=26m24s
(go to about 26:24 if the time stamp thingy doesn't work)
Very like the inherent flaws Keynes identified, along with countercyclical fixes. Neolcassical economics, OTOH, is all about assuming them away.
