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The Essential Elements and Critical Errors that Keynes's Original "General Theory" discarded... Here, I Present the Obata Theoretical System that Rescues the Essence of Keynes.

Summary by toyokeizai.net
Starting with Keynes's *General Theory*, Obata's system fundamentally re-examines the framework of modern economics. At its core lies the "division" that extends between financial markets and the real economy, and even within the market itself, and the new economic landscape driven by the "sentiment" of investors and entrepreneurs. Can we truly explain the economy solely through interest rates?
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Starting with Keynes's *General Theory*, Obata's system fundamentally re-examines the framework of modern economics. At its core lies the "division" that extends between financial markets and the real economy, and even within the market itself, and the new economic landscape driven by the "sentiment" of investors and entrepreneurs. Can we truly explain the economy solely through interest rates?

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toyokeizai.net broke the news on Saturday, September 26, 2026.
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