Wednesday, July 11, 2018

Brian Romanchuk — The Kalecki Profit Equation And Forecasting

Having run through the Kalecki profit Equation (link to the first part of a two-part primer), I just want to make some brief remarks about how it ties into the notion of forecastability (description). Should we be able to expect to forecast the business cycle?
Bond Economics
The Kalecki Profit Equation And Forecasting
Brian Romanchuk

1 comment:

AXEC / E.K-H said...

ICYMI
RE: Brian, Romanchuk, The Kalecki Profit Equation And Forecasting

The Kalecki Profit Equation is provably false. For details see

Truth by definition? The Profit Theory is axiomatically false for 200+ years
https://axecorg.blogspot.com/2018/07/truth-by-definition-profit-theory-is.html

Egmont Kakarot-Handtke