@policytensor @tedfertik @SecYellen Agreed, of course.
If I understand correctly where DSGE as such tended to create blindspots was to do with financial stability i.e. 2008.
Otherwise, as you say, it is a question of the spec of the Phillips curve.
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…