equilibrium method in a sentence
Examples
- Hicks later agreed that the model missed important points of Keynesian theory, criticizing it as having very limited use beyond " a classroom gadget ", and criticizing equilibrium methods generally : " When one turns to questions of policy, looking towards the future instead of the past, the use of equilibrium methods is still more suspect . " The first problem was that it presents the real and monetary sectors as separate, something Keynes attempted to transcend.