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It’s sad to see elite American economists fumbling around with productivity and employment issues that Swedish economists like Wigforss, Karleby, Sandler, and t
by viburnum 6y ago
It’s sad to see elite American economists fumbling around with productivity and employment issues that Swedish economists like Wigforss, Karleby, Sandler, and the Myrdahls had worked out in the 1930s and 1940s.
- afterburner 6y agoIt's a feature not a bug. Things that were figured out in the 30's (such as Keynes) were actively fought against by people who didn't like the policy those economic conclusions led to. Mainly because those policies interfered with their plans to gobble everything up. Entire erroneous economic theories were concocted to wage their war.