@Noahpinion Whereas my position is Keynesian i.e. there are plenty of bad "equilibria" – or muddles as he quaintly called them – with no tendency to recover. NB: not Marxian which would invoke an "inescapable" crisis tendency that can only be postponed (forgive crude simplification).
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,…