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Slide 1
https://www.robinson.cam.ac.uk/postkeynesian/downloads/Goodhart/Goodhartnotalk.pps28 Oct 2010: How will the Financial Crisis change Macro-Economics? By C.A.E. Goodhart. Financial Markets Group, London School of Economics. ... 14) Complete disconnect between macro-economics (no default) and Finance, where PoD determines asset pricing. -
The Importance of Keynes
https://www.robinson.cam.ac.uk/postkeynesian/downloads/Marcuzzo/MCM181011.pps18 Oct 2011: Return to another Keynes. Financial crisis has forced us to take on board Keynes’s division of economics between:. ... To acknowledge the failure of economics to take uncertainty seriously. Notion of Uncertainty.
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