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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Tuesday, January 10, 2017
Lars P. Syll — Unemployment delusion
"All unemployment is voluntary."
No one would suspect that this is so, unless they had a PhD in economics. The ignorance of the persons in the street about this is because "no model." Applies to heterodox economists with PhDs too.
Lars P. Syll’s Blog Unemployment delusion
Lars P. Syll | Professor, Malmo University
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ReplyDeleteOne one would suspect that this is so, unless they had a PhD in economics.
ReplyDeletePerhaps you mean: No one would suspect that this is so, unless they had a PhD in economics.
Thanks. Fixed now.
ReplyDelete