Friday, March 3, 2017

Simon Wren-Lewis — A self-fulfilling expectations led recession?


On the other hand, the SFC macro approach that includes finance predicted what was likely to happen and what to do to prevent it, and then when it did happen, how to fix it. Meanwhile, conventional macro is still arguing about it.

Mainly Macro
A self-fulfilling expectations led recession?
Simon Wren-Lewis | Professor of Economics, Oxford University

No comments: