Here are two posts (here and here) that look very similar (same graphs). Both show that private indebtedness was the result of wage stagnation. The first was published the 18th, while the latter the 3rd of July. I'm glad he is reading it.
Articles by Professor Lars Pålsson Syll on the topic: Why general equilibrium economics is a dead end http://larspsyll.wordpress.com/2012/07/21/why-general-equilibrium-economics-is-a-dead-end/
Please say after me – Sonnenschein-Mantel-Debreu http://larspsyll.wordpress.com/2012/07/21/please-say-after-me-sonnenschein-mantel-debreu-2/
Thanks, Matias. It's in my only published paper (so far). I've just noticed you have worked with Louis-Phillipe Rochon... I met him in Dijon last week, it's a small world.
Articles by Professor Lars Pålsson Syll on the topic:
ReplyDeleteWhy general equilibrium economics is a dead end
http://larspsyll.wordpress.com/2012/07/21/why-general-equilibrium-economics-is-a-dead-end/
Please say after me – Sonnenschein-Mantel-Debreu http://larspsyll.wordpress.com/2012/07/21/please-say-after-me-sonnenschein-mantel-debreu-2/
Thanks for the links.
DeleteIt's much more than a scissor graph... it's a heart attack post-Bretton Woods:
ReplyDeletehttp://u.jimdo.com/www54/o/s6131fc6a6e98445e/img/i760fb7012be3df39/1337687935/std/image.jpg
Great graph. Thanks!
DeleteThanks, Matias. It's in my only published paper (so far). I've just noticed you have worked with Louis-Phillipe Rochon... I met him in Dijon last week, it's a small world.
ReplyDelete