I was going to make a funny math-major joke. Isn't a standard geometric series [r/(1-r)] when you start at t=0 rather than t=1? ie instead of [1/(1-r)].
Maybe I'm missing something.. or maybe that's why Kehoe dislikes Keynsianism so much?
No, you're not missing something. He just dislikes Keynsianism this much.
God, this makes me a bit embarrased by association! My strategy: just sit back, smile and don't worry about taking such great notes.
International development, economics and some pretty ambitious ideas from a stubborn graduate student clinging to her sense of adventure.
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