Occasional Tweets: The futile attempt to reycle supply-demand-equilibrium (III)

 

The history of economic thought is the history of scientific failure. To understand anything in #Economics you have to move from false #MicroFoundations to true #MacroFoundations.

Bang — the representative economist and supply-demand-equilibrium are deadhttps://t.co/aNBIV3Tq92

— E.K-H (@AXECorg) March 4, 2023

For more about supply-demand-equilibrium see AXECquery.