jsalvatier comments on Less Wrong used to like Bitcoin before it was cool. Time for a revisit? - Less Wrong

16 Post author: betterthanwell 20 June 2012 01:40PM

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Comment author: jsalvatier 25 June 2012 03:42:00AM 0 points [-]

That makes more sense to me. Have you heard of Monetary Disequilibrium theory? It's the most reductionist approach to monetary economics, and what I was describing more or less.

Comment author: sixes_and_sevens 25 June 2012 10:34:59AM 0 points [-]

Not by name, but it seems highly compatible with many other accounts of macroeconomic fluctuation.

As you may have gathered, macro is not my strongest suit. I mostly hopped on board an econ syllabus for other reasons, and now find myself with a whole bunch of useful and explanatory macroeconomic concepts that most other people have never heard of.