What is Disequilibrium?
Equilibrium can be difficult to define in financial terms – and disequilibrium even more so. Physics tells us that equilibrium…
Equilibrium can be difficult to define in financial terms – and disequilibrium even more so. Physics tells us that equilibrium…
MMPI was taken to task by some readers in recent weeks for citing the “markets” without explanation. For example, the…
There is a theory of market expectations, which advocates that long-term interest rates available in the marketplace contain a predictive…
Jean-Baptiste Say stated that aggregate supply, in and of itself, creates the same quantity of aggregate demand. Therefore, a general…