Yes, this is a great example of how naive neoclassical micro appears to get thin...

FabHK on Sept 16, 2018 | parent | context | favorite | on: Post-crash economics: have we learnt nothing?

Yes, this is a great example of how naive neoclassical micro appears to get things wrong. So, my argument is that given the malleability of supposedly purely descriptive and value free economics, the intrusion of politics is inevitable.