Theory of economic models for forecasting and policy
The present study is an attempt to build a fairly detailed description of the complete economic system as a working, living organism. The ultimate goals toward which the work is pointed are prediction, policy and economic health and welfare. This study makes two steps toward that goal. It firstly attempts to describe how the total organism works, by studying its major functional organs one by one, and then putting these together into an interrelated whole. This whole and its parts we may...[Show more]
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