Pfloyd’s Reviews > The Structure of Production > Status Update
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The corpus of contemporary macroeconomic modeling is excessively aggregative, too abstract, and ultimately deficient as a way of analyzing the inner workings of a constantly changing economic landscape. The conventional "neoclassical" models seem almost helpless in rescuing the economy from fundamental structural defects which have built up over the past fifty years, created by ruinous and vacillating policies. . ."
— Aug 14, 2012 05:50PM
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Pfloyd
is starting
The corpus of contemporary macroeconomic modeling is excessively aggregative, too abstract, and ultimately deficient as a way of analyzing the inner workings of a constantly changing economic landscape. The conventional "neoclassical" models seem almost helpless in rescuing the economy from fundamental structural defects which have built up over the past fifty years, created by ruinous and vacillating policies. . .
— Aug 14, 2012 05:50PM
