Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Claiming that the market will move towards a full employment equilibrium in the long run if left alone (which Keynesians think


There is no good reason to think that "the market," if left to its own devices, will ever trend towards a full employment equilibrium - or indeed any general equilibrium at all.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Thu Nov 3rd, 2011 at 05:02:13 AM EST
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