Living dead in economics and finance

Hello and welcome! Have you ever come across a term or concept in your economics or finance studies that seemed a bit antiquated or no longer applicable? You're not alone. In the ever-evolving world of economics and finance, certain ideas and theories tend to persist, even when they may not accurately reflect the current state of affairs. These concepts, often referred to as 'living dead,' can be both intriguing and problematic. Let's dive deeper into this fascinating phenomenon.