Wednesday, July 18, 2012

Spot the difference


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.
By -
Labels: ,

5 comments:

  1. JanJuly 21, 2012 at 4:05 PM

    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/

    ReplyDelete
  2. Neil LancastleDecember 14, 2012 at 12:13 PM

    It's much more than a scissor graph... it's a heart attack post-Bretton Woods:

    http://u.jimdo.com/www54/o/s6131fc6a6e98445e/img/i760fb7012be3df39/1337687935/std/image.jpg

    ReplyDelete
  3. Neil LancastleDecember 18, 2012 at 7:25 AM

    This comment has been removed by the author.

    ReplyDelete

Subscribe to: Post Comments (Atom)

Was Bob Heilbroner a leftist?

Janek Wasserman, in the book I commented on just the other day, titled The Marginal Revolutionaries: How Austrian Economists Fought the War...

  • Hyperinflation in Bitcoinland
    There are Gold Bugs and there are  Bitcoin Bugs. They all oppose fiat money (hate the Fed and other monetary authorities) and follow some s...
  • A reply to Wray - Part I
    By Sergio Cesaratto (Guest Blogger) “The fact that individual countries no longer have their own currencies and central banks will put n...
  • The capital debates: A brief introduction
    Teaching on the capital debates this and last week. So here are some thoughts, based on my class notes and the required readings (see below)...