Duncan Foley has some thoughts on just how useful 'financial services' are in the broad scheme of things, and more particularly in their relationship to aggregate demand and the real economy. Here is a video of his INET talk based on this paper.
Duncan Foley has some thoughts on just how useful 'financial services' are in the broad scheme of things, and more particularly in their relationship to aggregate demand and the real economy. Here is a video of his INET talk based on this paper.