Matias Vernengo — ISLM, ISMP, DSGE and other models

Matias Vernengo begs to differ, holding that ISLM (and its variants) is one of the most useful economic models with respect to explaining policy and that Keynes endorsed it. For example, ISLM can be modified to ISMP to take into account a policy rate.

Naked Keynesianism
ISLM, ISMP, DSGE and other models
Matias Vernengo | Associate Professor of Economics, University of Utah

The Economist — Platinomics

Must-read. The cat is out of the bag. TPC has done its job. The explanation is now in the mainstream. No economist or financial professional can read this and not get it. This is a really succinct and clever account that cuts to the chase. The last mile is really closing fast.

The Economist | Free Exchange
Platinomics
G. I. | Washington
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