Nick Rowe presented a model [as a reductio ad abusrdum] where it appears as though the limit of a series of finite horizons differs by a greater and greater amount from the infinite time horizon model.
Share this post
The Economy at the End of the Universe
Share this post
Nick Rowe presented a model [as a reductio ad abusrdum] where it appears as though the limit of a series of finite horizons differs by a greater and greater amount from the infinite time horizon model.