Posted To RWER Blog Regarding Looking At Commerce To Recognize Where and When To Implement Policy

Actually, it’s time economists started advocating specific policies that are pinpointed to resolve modern economy’s chronic and inherent problems. Good luck with that, because they’re almost entirely stuck in abstract theoretical and mathematical abstractions and hence miss very significant economic insights available by simply looking, that’s literally looking at… commerce, what occurs there and how fiscal and monetary policies could be best effective at certain points in the economic/productive process.

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