History versus Expectations – Early 1990s @paulkrugman catnip!
Multiple equilibria, path dependency, cumulative causation v. self-fulfilling expectations -> under which conditions does one prevail rather than the other? Whats not to like!
isid.ac.in/~tridip/Teachi… https://t.co/QaQATQ2nJT
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…