Monday, October 10, 2011

P-Kroog!

Always the critic, always with the details...P-kroog objects to this graph.

Some background on the upward sloping aggregate demand argument. Proving once again that P-kroog is just not that good a macro-economist. ("Minsky moment?" Have Angus draw you his famous "Minsky curve" sometime. It's downward drooping.)

Nod to Kevin Lewis

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