Showing posts with label optimizing agents. Show all posts
Showing posts with label optimizing agents. Show all posts

Sunday, May 8, 2016

Lars P. Syll — The biggest mistake in the history of macroeconomic thought


Roger Farmer on Paul Samuelson's tragic mistake in synthesizing Keynes and neoclassical economic.

Lars P. Syll’s Blog
The biggest mistake in the history of macroeconomic thought
Lars P. Syll | Professor, Malmo University

Tuesday, May 3, 2016

Jag Bhalla — The Epic Ptolemy-Sized Epicycling Errors of Free Market Fans


Jag Bhalla is a very clear writer. This is an excellent albeit summary smackdown of the assumptions that underlie conventional economic discourse that have shaped the debate even among non-economists. In Steven Colbert's epic takedown, "truthiness." Short and worth a read.

Evonomics
The Epic Ptolemy-Sized Epicycling Errors of Free Market Fans
Jag Bhalla