If we want to understand financial stability risks, we clearly need a general model of run dynamics (trivially) a la Diamond and Dybvig. But the real challenge is to understand the specific ecology in which that run could take place. Chartbook #160
adamtooze.substack.com/p/chartbook-16… https://t.co/N20kp7u8oZ
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,…