Archive for February, 2012

• Recent Posts

  • The sectoral accounting equation
  • Paul Krugman doesn’t understand banking
  • The money multiplier model does not explain credit expansion
  • Two different models for monetary reform
  • A pivotal formula in macroeconomics
  • The problem is the moribund state of mainstream economics
  • The fallacy that the debt-virus hypothesis explains the excessive growth of debt
  • Why government spending is different from household spending
  • The Tea Party hasn’t a clue about macroeconomics
  • Welcome to ERA blog

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