Esteemed colleagues Paul Krugman and Brad DeLong were not exactly überjoyed over my post Minsky on the IS-LM obfuscation, where I was quoting Hyman Minsky’s critique of the Hicksian IS-LM interpretation of Keynes. I have to confess that I’m equally unimpressed by the Krugman-DeLong retort.…Lars P. Syll’s Blog
Krugman & DeLong are still wrong on Minsky and IS-LM
Lars P. Syll | Professor, Malmo University
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