This blog is a place for thoughts, ideas and information about a more heuristic approach to economic modelling, based on simulation. This article provided the impetus, including ideas like
Macroeconomics is like a science that has not only stalled for three decades, but has actually gone backwards in its ability to understand reality
So - agent-based modelling!
Macroeconomics is like a science that has not only stalled for three decades, but has actually gone backwards in its ability to understand reality
So - agent-based modelling!
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