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.
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Friday, April 10, 2015
Lars P. Syll — Nicholas Kaldor on putting the cart before the horse fallacy
Also called the "wagging the dog's tail" fallacy.
Keeper quote that turning out to be true in spades.
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