Mike Norman Economics

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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Showing posts with label Walrasian equilibrium. Show all posts

Wednesday, December 4, 2013

Lars Syll — Einstein’s ‘Not More So’ criterion and macroeconomic modelling (wonkish)

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Don't be scared off by the wonkish label. It's basic logic and it's important. Einstein’s ‘Not More So’ criterion and macroecono...

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Wednesday, July 17, 2013

David Ruccio — The market for oranges, er, labor

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In neoclassical economics, everything comes down to flexible markets. And in neoclassical macroeconomics, everything comes down to the labo...

Wednesday, June 26, 2013

Nathan Tankus: Krugman von Hayek

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More on the "natural rate" of interest. Naked Capitalism Nathan Tankus: Krugman von Hayek

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