February 23, 2013

Walras's Law of Markets as special case of the General Period Core Theorem {39}

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Working paper at SSRN Working paper at ARCHIVE Abstract  From the set of the first three structural axioms follows the Period Core Theore...
February 22, 2013

Settling the theory of saving {38}

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Working paper at SSRN Working paper at ARCHIVE Abstract  There is no way around it: each theory rests on a tiny set of foundational propo...
January 28, 2013

Confused confusers: how to stop thinking like an economist and start thinking like a scientist {37}

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Working paper at SSRN Working paper at ARCHIVE Abstract  The present paper takes it as an indisputable fact that subjective-behavioral th...
December 16, 2012

Primary and secondary markets {15b}

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Working paper at SSRN Working paper at ARCHIVE Abstract   This paper swaps the standard behavioral axioms for structural axioms and applies ...
November 11, 2012

Intertwined real and monetary stochastic business cycles {36}

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Working paper at SSRN Working paper at ARCHIVE Abstract  There is no such thing as a ‘real’ economy. The task, therefore, is to consistent...
October 27, 2012

Make a bubble, take a free lunch, break a bank {35}

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Working paper at SSRN Working paper at ARCHIVE Abstract  Standard economics is known to be incapable of integrating the real and the mone...
August 16, 2012

Keynes’ Employment Function and the Gratuitous Phillips Curve Disaster {34}

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Working paper at SSRN Working paper at ARCHIVE Keynes had many plausible things to say about unemployment and its causes. His ‘mercurial min...