House temperatures as a metaphor for interest rates(econlog.econlib.org)
econlog.econlib.org
House temperatures as a metaphor for interest rates
http://econlog.econlib.org/archives/2015/10/a_theory_of_hou.html
1 comments
As a non economist I was a bit lost by the end. What is the Wicksellian equilibrium rate and how exactly does it fit the analogy?