Showing posts with label don. Show all posts
Showing posts with label don. Show all posts
Thursday, December 22, 2011
Beyond the Aggregate Demand Argument
Just because macroeconomic textbooks and journal articles focus overwhelmingly on changes in aggregate demand as the chief cause of changes in the vigor of economic activity is no reason for a scholar not to search for some other cause, especially if another identifiable cause is solidly grounded in economic theory.
Becoming More Certain about the Role of Regime Uncertainty - Donald J. Boudreaux, economics departments, George Mason University
http://www.cato-unbound.org/2011/12/20/donald-j-boudreaux/becoming-more-certain-about-the-role-of-regime-uncertainty/
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