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Wednesday, August 26, 2020

Bill Mitchell — Presentation to the New Zealand Fabian Society, August 16, 2020


Video.

Bill Mitchell – billy blog
Presentation to the New Zealand Fabian Society, August 16, 2020
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia

2 comments:

  1. Bill Mitchell is right, macroeconomic concepts are NOT well understood to this day. In particular the concept of profit. This includes all MMTers. See

    Refuting MMT’s new Macroeconomics Textbook
    https://axecorg.blogspot.com/2019/03/refuting-mmts-new-macroeconomics.html

    Economics has to move from false Walrasian microfoundations and false Keynesian macrofoundations to true macrofoundations. This Paradigm Shift is an accomplished fact, see the canonical textbook

    Sovereign Economics
    https://www.bod.de/buchshop/sovereign-economics-egmont-kakarot-handtke-9783751946490

    Egmont Kakarot-Handtke

    ReplyDelete
  2. This 'paradigm shift' is as much a hope as it is a fact.

    ReplyDelete