Do Sticky Prices Make the Market Stuck?
Jonathan Newman joins The Human Action Podcast to discuss his recent Twitter controversy over the claim that market prices can be “wrong” (i.e. in disequilibrium) if they are “sticky.”
Jonathan Newman’s Twitter controversy on sticky prices: Mises.org/HAP399a
Joe Salerno on Mises’s Monetary Theory: Mises.org/HAP399b
Bagus and Howden on market disequilibrium and sticky prices: Mises.org/HAP399c
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