Relearning Economics @RelearningEcon
A system dynamicist specializing it's application for Macroeconomic Forecasting. I am the Chief Research Officer at Modern Macro Technologies relearningeconomics.com World Joined February 2022-
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~$120B tax drain over 2 weeks, RRP empty, liquidity signaling tight and a possible govt shutdown. October shaping up to be a very volatile month. Keep an eye on the flows!
~$120B tax drain over 2 weeks, RRP empty, liquidity signaling tight and a possible govt shutdown. October shaping up to be a very volatile month. Keep an eye on the flows! https://t.co/yvIFdrnZTU
The Secret History of MONEY x.com/i/broadcasts/1…
🔴Going live in 15 minutes at 1 PM New York / 6 PM London time. youtube.com/live/PjjpowpB5…
“Daha derindeki sorun ise gerçekçi olmayan varsayımlar değildir. Bu varsayımların ekonomistlerin gördüklerini ve görmezden geldiklerini şekillendirmesi sorunudur. (…) Eğer para nötr ise, finansal krizler sistemin kendisinin sonucu değil, dışsal şoklar olarak görünür.”
“Daha derindeki sorun ise gerçekçi olmayan varsayımlar değildir. Bu varsayımların ekonomistlerin gördüklerini ve görmezden geldiklerini şekillendirmesi sorunudur. (…) Eğer para nötr ise, finansal krizler sistemin kendisinin sonucu değil, dışsal şoklar olarak görünür.”
Neo-Liberals believe that the magic of marketplace will solve all our problems and Government spending is evil. The real world is of course quite different to how them and their idols like Margaret Thatcher claim the world to be.
People who still use neo-classical model to understand current world order are detached from reality.
I like articles like this. (And great branding).
Short, concise, hard-hitting article topling the very theoretical foundations of economics. x.com/RelearningEcon…
Short, concise, hard-hitting article topling the very theoretical foundations of economics. x.com/RelearningEcon…
"They work with models where unemployment doesn't exist, where all firms are powerless clones, and where money plays no role beyond scaling the equations"
The economy we inhabit is unstable, institutionally complex, and riddled with power asymmetries. No amount of cosmetic patching will make the Neoclassical core fit that reality.

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