Occasional Xs: Economics still lacks correct macrofoundations (XXX)

 

#Economics#FailedFakeScience

“… continue our "RIP" series with a critique of the IS-LM (also known as the Hicks-Hansen) Model.”

IS-LM is proto-scientific garbage and it has already been buried in 2016.

Causa finita: the end of I=S/IS-LMhttps://t.co/jzrdUzGrtW

— E.K-H (@AXECorg) October 15, 2024

For more about IS-LM see AXECquery.