Hemlock for economic students
(Putting effective demand in the long run and prices of production together)
Saturday, August 27, 2011
So Steve tells me I have competition in the art the department. I think I lost. Great graph by Jared Bernstein, ex-advisor to Joe Biden, and the only truly heterodox economist they had in the White House. Sadly he is not there any more.
The only thing is that this graph shows only short term fluctuations in corporate profits. Pretty cool anyway.