Food for Thought! It is a tragedy and serious mistake that many - TopicsExpress



          

Food for Thought! It is a tragedy and serious mistake that many heterodox economists are unable to adopt a hypothesis of micro behavior and this inability have made them become national accountants with a static framework regardless of how stock/flow consistent their analysis is! Interactions of agents, variables and their parameters and dynamic reasoning are abandoned with emphasis on comparative static analysis and steady state projection of ex post accounting positions! Ever changing video plots of transaction occurrences are transformed into account photographs of reality in a series of isolated frames!
Posted on: Sun, 23 Mar 2014 12:38:11 +0000

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