Wednesday, March 13, 2013

Keynes versus the Classicals

'In Keynes' theory, then, the homeostatic mechanisms postulated by the classics are neither "out of order" nor just missing.' -- Leijonhufvud, On Keynesian economics economics of Keynes, p. 161

1 comment:

  1. Are you having to type that guy's name each post? I don't even try to pronunce it, I just read it as "that smart guy whose name starts with 'L'."


Zeno for the computer age

If you wish to better understand Zeno's worry about the continuum, you could do worse than to consider loops in software. Case 1: You...