Showing 1 - 10 of 3,851
Milton Friedman's influence on the economics profession has been enormous. In part, his success was due to political …. Friedman's professional triumph is testament to the weak intellectual foundations of the economics profession which accepted … ideas that are conceptually and empirically flawed. His success has taken economics back in a pre-Keynesian direction and …
Persistent link: https://www.econbiz.de/10010393515
Persistent link: https://www.econbiz.de/10001584024
Persistent link: https://www.econbiz.de/10009784951
Persistent link: https://www.econbiz.de/10001497402
We study analytically and numerically Minsky instability as a combination of top-down, bottom-up and peer-to-peer positive feedback loops. The peer-to-peer interactions are represented by the links of a network formed by the connections between firms; contagion leading to avalanches and...
Persistent link: https://www.econbiz.de/10013059638
macroeconomic theory. For this purpose, we explicitly present two competing paradigms, the new-Keynesian and the post-Keynesian one …
Persistent link: https://www.econbiz.de/10011994508
Persistent link: https://www.econbiz.de/10002321228
Persistent link: https://www.econbiz.de/10001439169
"Economics has always been nicknamed the "dismal science," but today the field seems a little more dismal than usual as … problems of the day. In Economics in the Twenty-First Century, Robert Chernomas and Ian Hudson demonstrate how today's top …, economics's "baby Nobel," have won that award for studying important issues such as economic development, income inequality …
Persistent link: https://www.econbiz.de/10011454813