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by endzone
3940 days ago
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comments like this are amazing. you are completely ignorant of the current state of economics yet wonder if economists have bothered to construct dynamic models of the economy. i guess your intermediate macro course didn't get that far... |
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Certainly, the models that we see in day to day political discussions and popular/lay culture have not seemingly progressed much beyond the macroeconomics courses I took in college, but again I'm willing to admit I certainly have my biases/blinders. Also, I'm sure that dynamic models exist, I was more curious if there are economists that have played with models more closely aligned with my physics analogies, specifically.
Thus far the one of most interesting things in economics right now, to myself at least, is I have done some reading on some of the work of theorists in Modern Monetary Theory (MMT) and I liked where it seemed to be heading (not to mention its ties to turn of the last century Social Credit theories/works). That certainly seems close to what I'd expect/like to see more of in economics, but correct me if I'm wrong, it still seems "fringe" in the current state of economics.