What are the key assumptions underlying mainstream economic models?

Apr 9, 2023 ... The Dead Parrot in question is the "Money Multiplier": the theory that banks create money by lending out reserves. It's also called "Fractional Reserve Banking ... Nov 15, 2008 ... My task here is to understand how one story, the one told by mainstream economics, relates to the big story of which I'm a part, the Christian ... Bitcoin: What Does Mainstream Economics Have to Say? In his working paper, produced originally with the American Institute for Economic Research, BPI Senior ... Mar 30, 2024 ... In this paper, I attempt to provide some answers to these questions by drawing on insights from mainstream economic theory. Nov 1, 2014 ... The core capitalist economies are experiencing secular stagnation, characterized by slow growth, rising unemployment and underemployment, and idle productive ... We propose a synthesis according to which people indeed act by rules, which usually work well, but may work poorly in exceptional or contrived scenarios. Nov 10, 2020 ... Capitalist Greed: a Gastronomic Rebuttal of Mainstream Economics. by ... Mainstream economists celebrated financial rule, and relegated ... Sep 6, 2013 ... Barbera on the Case Against Mainstream Economics ... Robert Barbera, a regular contributor to the Levy Institute's Minsky conferences, has a great ... Jul 11, 2014 ... ... mainstream economics. Today, I believe, mainstream economics is completely incoherent. What do I mean by that? Well, basically if you are in ... Aug 9, 2017 ... They stood idly by as jobs went overseas, demand was sapped by increasingly uneven distributions of income, competition was destroyed by lax ...