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Nice to see that this is still alive. Found a decent post today Sraffallacies: A Misesian Defense of ABCT (I) : http://econo-miaytuya.blogspot.com.ar/2013/01/sraffallacies-misesian-defense-of-abct-i.html
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His only criticism was by changing a study from 1969, in 1993 by adding a reference to the Mises theory of the cycle. In his study he claimed that since the fall in GDP was smaller than the preciding expansion of GDP, than that meant all theories which identify problems in the boom-phase are erroneous. No, investigation of credit growth, leverage, savings
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More Nonsense on ABCT by Lord Keynes Keen on Says law & Austrians
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LOL, i feel the same way Catalan. There is a lot of narrative, labels and omissions that can be critiqued but it might become to much to nitpick about.
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The Upside-Down World of MMT - Robert Murphy A critique of modern monetary theory Aren't Deficits Another Name for Saving? Nope. - Robert Murphy HuffPo Abolishes Scarcity - Robert Murphy Are MMT and AE compatible - Smiling Dave Robert P. Murphy on the Sraffa critique Sraffa's Production of Fallacies by Means of Fallacies - Robert P. Murphy EXPECTATIONS
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Conservative-Libertarian I forgot about modern monetary theory, I will look for that. What is the other monetary theory called ? Circuit theory or something ?
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Jonathan. Do you plan to write a review ? The more material on this, the better.
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Directed to "SkepticalMetal" How is this relevant ?
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I want to make a thread that gathers critiques of Post-Keynesian, because many current Keynesians and in general statists economists attempt to use their claims and rhetoric to "save themselves"(from what ? From the current discrediting of mainstream economics). Here is a review of Steve Keens book Debunking Economics by Robert Murphy and
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Can some decipher this post on fractional vs full reserve banking by Steve Keen ? He seems to be trying to say that 100 % reserve banks will also create credit out of thin air. I dont understand his justification and explanation of this. http://www.debtdeflation.com/blogs/2012/07/14/mish-steve-debate-steve-says-i/