The European Tribune is a forum for thoughtful dialogue of European and international issues. You are invited to post comments and your own articles.
Please REGISTER to post.
I also don't think the gulf between the heterodox Post Keynesians/MMTers and the orthodox New Keynesians is as wide as the spats would lead one to believe based on Krugman and Keen being assholes to each other.
(Confidential to both: No, Paul, DSGE doesn't apply only to NK models -- in fact it didn't even originate with NK. And no, Steve, you're the one who apparently doesn't understand ISLM, not Krugman.)
It can often appear to be the size of the Grand Canyon when I think it's more like a drainage ditch (okay, maybe a canal). Oftentimes it seems to just devolve into word games.
Now obviously the gulf between PKs/MMTers and New Classicalists/RBCers is obviously enormous, but it seems to be that even longtime RBCers are throwing in the towel.
They all arrive at pretty much the same conclusions for dealing with our current problems, and there's a reason for that. The differences are mostly in regard to how best to model -- and it's not that that isn't important, but it doesn't strike me as an insurmountable hurdle. Be nice to America. Or we'll bring democracy to your country.
by Frank Schnittger - Feb 2
by Frank Schnittger - Jan 26 3 comments
by Frank Schnittger - Jan 31 3 comments
by Frank Schnittger - Jan 22 3 comments
by Cat - Jan 25 58 comments
by Oui - Jan 9 21 comments
by Frank Schnittger - Jan 13 28 comments
by gmoke - Jan 20
by Oui - Feb 3
by Oui - Feb 218 comments
by Oui - Feb 14 comments
by Frank Schnittger - Jan 313 comments
by gmoke - Jan 29
by Oui - Jan 2731 comments
by Frank Schnittger - Jan 263 comments
by Cat - Jan 2558 comments
by Frank Schnittger - Jan 223 comments
by Oui - Jan 2110 comments
by Oui - Jan 21
by Oui - Jan 20
by Oui - Jan 1841 comments
by Oui - Jan 1591 comments
by Oui - Jan 145 comments
by Frank Schnittger - Jan 1328 comments
by Oui - Jan 1221 comments
by Oui - Jan 1120 comments