tag:blogger.com,1999:blog-2761684730989137546.post6676736228744885121..comments2024-03-28T20:28:01.733-04:00Comments on Mike Norman Economics: Robert Mundell: nothing optima — Michael Robertsmike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2761684730989137546.post-87177115666494558802021-04-13T12:00:45.489-04:002021-04-13T12:00:45.489-04:00Note on Michael Roberts on ‘Robert Mundell: nothin...Note on Michael Roberts on ‘Robert Mundell: nothing optimal’<br /><br />The Mundell–Fleming model is an extension of the IS–LM model (Wikipedia). This is pretty bad:<br /><br />Just revealed: IS-LM is dead for 80+ years<br />https://axecorg.blogspot.com/2017/06/just-revealed-is-lm-is-dead-since-80.html<br /><br />Mr. Keynes, Prof. Krugman, IS-LM, and the End of Economics as We Know It<br />https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2392856<br /><br />Cross-references Refutation of I=S<br />https://axecorg.blogspot.com/2015/01/is-cross-references.html<br /><br />Mundell's economic policy conclusions have no sound scientific foundations. Keynesian macrofoundations are provably false.<br /><br />Egmont Kakarot-HandtkeAXEC / E.K-Hhttps://www.blogger.com/profile/10402274109039114416noreply@blogger.com