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
▼
Sunday, April 16, 2017
Ramanan — The Paradox Of Costs And Other Macro Paradoxes
I love paradoxes. In economics the fallacy of composition accounts for a lot of them. This is a problem with assuming microfoundations uncritically.
No comments:
Post a Comment