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S = I + (S – I) : The Most Important Equation in Economics

February 5, 2012 By Michael Sankowski

A while back, I had a laugh with someone I don’t know and have never met. A very smart professional economist had a great, great post that purported to be a takedown of operational Modern Monetary Realism. But he started with I = S. I had a laugh with the mysterious JKH over this absurdity, [...]

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Filed Under: Monetary Realism, Net Financial Assets, Private Sector Saving, Sector Balances Tagged With: Monetary Realism, Net Financial Assets, Sector Balances

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