An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Pages
▼
Pages
▼
Saturday, June 15, 2013
Matias Vernengo — What is really neoclassical economics?
More debate on neoclassical economics for those following this.
Neoclassical economics is really just a theory of an economy where there is no rent-seeking.
ReplyDeleteNeoclassical economics is really just a theory of an economy where there is no rent-seeking.
ReplyDeleteAnd money is neutral.