Re:A New Way to Learn Economics
by js8 on Tuesday September 12, 2017 @10:58AM
(#15227788)
This is kinda the conclusion that Steve Keen's Debunking Economics arrives at too, although amazingly enough, through a different path (avoiding breaking the monotonicity assumptions on supply and demand curves). Basically, any aggregate supply/demand model has a single consumer and a single product. Which makes them pretty much useless, and they just need to go.
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