#170 The Breakdown of Henryk Grossmans Crisis Theory
We welcome back Andrew Kliman to the show, to talk about a paper he recently published about the Breakdown Model of Henryk Grossman.
The paper, which contains the link to the Spanish translation:
Comments (3)
I remember I saw Ted Reese reacting negatively to Klimans article on twitter (@Grossmanite) when it came out, but I don't think he has written anything against it yet. Would have to go through 100s of his Tweets on the Corona epidemic to find that particular tweet again. Not seen Michael Roberts reacting to the Kliman article yet.
It really is beyond recuperation. The math is crystal clear. Will be interesting to see how people try and argue around it
Article and episode are some real good stuff! The Bauer-Grossman reproduction scheme seems broken beyond repair.