The Traderszone Network

Published in TZ Latest News 13 November, 2015 by The TZ Newswire Staff

Keynes stole my musical chairs model

[Fourth city in 5 nights.  Tired.  I wrote this a few weeks ago to post while traveling. I hope to respond to comments for this post and earlier posts on Sunday.]

So I started rereading the General Theory, just for the heck of it, and noticed something very interesting.  Early in the book Keynes lays out the musical chairs model of the business cycle.

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