J.R. vs P.S.

In today "Short run Macro" course, provided by Joe, an interesting debate between two economists is introduced.

One is the last student of Keynes, the other claimed to be a Keynesian.

They are Joan Robinson and Paul Samuelson. Having a little bit knowlegde in history of economics, should suffice to indicate who is who.

The debate is about the price adjustment process, which P.S. rely heavily on dynamic math skill.

J.R. "I don't know math, all I can do is THINK!"

And as usual, the process can be shown by Demand-Supply curves with arrows signalifing the movement.

J.R. "All the change is only your eyeball."


[Remarks: Previously broken links are fixed.]