lack of fiscal stimulus 

the nature of innovation

protected and over-regulated industries that reduce supply

to the fact  that  the money supply created by central bank is not actually spent by consumers

saving and investment not equilibrated by the real interest rate

Acemoglu's emphasis on the role of incentives provided by institutions

the Arrow Debreu model

Solow's model

the rocking horse metaphor

Pareto's first theorem of welfare economics

 in the early stage of accumulation of capital

when net investment  is greater than one

when the economy is in the stationary state

when gross investment is zero

when depreciation is zero

  when shocks hit the economy, confidence problems can arise

market imperfections undermine the smooth working of markets

 when shocks hit the economy, the  spontaneous adjustment  process is very long

the system is always at full employment equilibrium

when shocks hit the economy, there is a creative destruction process  that undermines equilibrium 

agents have rational expectations

there are markets for all contingencies

agents' choices are made twice

choices can be made in the future whether some contingencies occur (e.g.it  rains)

agents make decisions in all markets except those where insurance is relevant

if government spending increases the  income multiplier is greater than one

inflation is ultimately due to excess aggregate supply following cost increases

if money supply rises inflation increases

inflation is always due structural relocation processes

the aggregate supply curve is flat  in the aggregate demand and supply model

accepts the tech narrative’s comforting equation of technology with “progress”.

believes that the gains of technological progress are not automatic

does not believe there is an inexorable trend of continuous technological development combined with increasing social exclusion and inequality

is wrong to support the regulatory state, law, and the industrial policy state. 

regards Keynesian economics, welfare states and shared prosperity as inevitably undermining technological progress

 the level of aggregate demand is the driver of output

money affects unemployment rates

 the income multiplier is very high

income is influenced by the money supply

Say's law  holds

by supporting multilateralism

by supporting a new Bretton Woods system

by unleashing innovation at the same pace and scale as the US, China, and others

by pursuig an aggressive trade strategy

by trying to pursue new trade agreements with China

inflation is lower than the growth rate 

the  real rate of interest is higher than the growth rate

the nominal rate of interest is lower than the growth rate

Roncaglia

the real rate of interest is lower that the growth rate