And I'm still not sure exactly what he's criticizing. Dismissing Keynesians on savings, he concludes with "Physical goods (and services) and the medium of account—focus like a laser on those two things, and macro becomes incredibly simple."
Right... isn't that why Keynesians talk about physical goods and services and the unit of account? I'm really baffled by what he's thinking of what he talks about Keynesianism.
Procrastinating on January 23, 2017
6 hours ago