Difference between revisions of "Microfoundations would be nice if we had them"
From Critiques Of Libertarianism
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{{URL | url = http://noahpinionblog.blogspot.com/2012/07/microfoundations-would-be-nice-if-we.html}} | {{URL | url = http://noahpinionblog.blogspot.com/2012/07/microfoundations-would-be-nice-if-we.html}} | ||
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− | {{DES | des = "Once again, let me reiterate that the big problem with | + | {{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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