Difference between revisions of "Microfoundations would be nice if we had them"

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{{DES | des = "Once again, let me reiterate that the big problem with "microfounded" macro, as I see it, is that the 'microfoundations' are bad: not credible, and generally not consistent with anything microeconomists have actually found. Bad microfoundations are worse than none at all." | show=}}
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{{DES | des = "Once again, let me reiterate that the big problem with 'microfounded' macro, as I see it, is that the 'microfoundations' are bad: not credible, and generally not consistent with anything microeconomists have actually found. Bad microfoundations are worse than none at all." | show=}}
 
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Revision as of 12:18, 26 November 2013