What does post keynesian say about the rational expactation of the new classical economics
replied to: VHAPHEPHUGPP
Replied to: What does post keynesian say about the rational expactation of the...
Allow me to answer your question with a title of a paper by a leading American Post-Keynesian, Paul Davidson, from 1982, "Rational Expectations: A Fallacious Foundation for Studying Crucial Decision-Making Processes."