This is basic sectoral accounting, a subject in which neoclassical (and “market monetarist”) economists seem to have received no training.Asymptosis
Scott Sumner Does Not Understand that S ≠ I
Steve Roth
We knew this already but Steve reminds us of it.
Ramanan posts a clarification of different uses of S = I that can lead to ambiguity and confusion.
The Saving = Investment Identity
