Wednesday, September 04, 2024

Elsewhere

1 comment:

Blissex said...

«The Economist on Donald Harris. Response in letters to the editor (Both behind paywall).»

An interesting comment by an "unorthodox" keynesian:

http://nakedkeynesianism.blogspot.com/2024/09/two-letters-to-economist-about-donald.html

“some notion of the quantity of capital was necessary for the mainstream [in recent times, mainstream economists and policy makers have started talking of the natural rate of interest again, a notion that had vanished more or less, and about very simplistic negative relations between investment and interest rates, w/o even knowing the logical problems associated with that, reinforcing problematic views about distribution].”