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.
Note on Michael Roberts on ‘Robert Mundell: nothing optimal’The Mundell–Fleming model is an extension of the IS–LM model (Wikipedia). This is pretty bad:Just revealed: IS-LM is dead for 80+ yearshttps://axecorg.blogspot.com/2017/06/just-revealed-is-lm-is-dead-since-80.htmlMr. Keynes, Prof. Krugman, IS-LM, and the End of Economics as We Know Ithttps://papers.ssrn.com/sol3/papers.cfm?abstract_id=2392856Cross-references Refutation of I=Shttps://axecorg.blogspot.com/2015/01/is-cross-references.htmlMundell's economic policy conclusions have no sound scientific foundations. Keynesian macrofoundations are provably false.Egmont Kakarot-Handtke
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Note on Michael Roberts on ‘Robert Mundell: nothing optimal’
The Mundell–Fleming model is an extension of the IS–LM model (Wikipedia). This is pretty bad:
Just revealed: IS-LM is dead for 80+ years
https://axecorg.blogspot.com/2017/06/just-revealed-is-lm-is-dead-since-80.html
Mr. Keynes, Prof. Krugman, IS-LM, and the End of Economics as We Know It
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2392856
Cross-references Refutation of I=S
https://axecorg.blogspot.com/2015/01/is-cross-references.html
Mundell's economic policy conclusions have no sound scientific foundations. Keynesian macrofoundations are provably false.
Egmont Kakarot-Handtke
Post a Comment