Do we still have an SEC? Seems they have been missing in action for a few decades.
Have we sand under our feet now?
Does anyone believe Maggie was at a train station?
Now she is pointing her followers to a new playbook?
Microfounded Animal Spirits
and Goodwinian Income Distribution Dynamics
a real
wage Phillips curve, a structurally stable model of Goodwinian growth cycles
with a herding component is obtained.
The index can thus represent a general business climate,
or the famous animal spirits.
http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.493.6069&rep=rep1&type=pdf
I am not bright enough to read this bullshit, but it sounds like a plan to bring evil and controlled wages to a herd mentality slavery base.
AUTHOR of paper
Franke, R. and Asada, T. (1994), “Expectations dynamics in a Keynes-Goodwin
model of the business cycle”, Journal of Economic Behavior and Organization, 24,
273–295.
Franke R. (2007), “Estimation of a microfounded herding model of German survey
expectations”, Working Paper, Department of Economics, University of Kiel.
shill like trannys