Reading now: very US centric but the principle is universal. And to be ignored at the peril of everyone.
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Holiday reading? Does one always have to be “On”?
Is there no time for just plain Fun?
(Just Joking)
I see that Skidelsky has a similar title, and I’m yet to read Shiller’s latest, which is sitting on my bookshelf.
I think that what is happening at the moment in economics is a split between those prepared to use little models – note the plural – and those whose predilection is for an overall structure. As much as this has been called ‘Keynesian’, in economic history its origin goes back to the Mississippi Bubble and the argument between John Law the systematiser and Richard Cantillon the model maker. And the model maker won.