July 2012
M T W T F S S
« Jun   Aug »
 1
2345678
9101112131415
16171819202122
23242526272829
3031  

Recent Posts

Ea O Ka Aina: Inflation Good? Deflation bad?

Indeed, by many measures, Japan has been in deflation for over 20 years. The slow erosion of wages has been partially offset by a decline in the cost of goods and services. Meanwhile, those who own the debt have a … [...]

NEW PHOTO: Deflation | Japan Wham

News, Photos and Products from Japan & Asia. ? NEW PHOTO: Yoania amagiensis · NEW PHOTO: house of dolls ?. NEW PHOTO: Deflation . Posted on July 21, 2012 by Okashii · SOURCE · Related Posts Plugin for WordPress, [...]

Forget the Minsky Moment; Could It Be a Minsky Century?

This is, of course, one of Hyman Minsky's key insights, and in that light I thought I would pass on part of a lecture by James Galbraith on Keynes which Galbraith gave at the 5th annual “Dijon” conference on Post Keynesian economics, delivered in Copenhagen in May last year. In the lecture …… The Producer Price Index (released last Friday) are showing that intermediate and crude goods are deflating pointing to continued moderation of the CPI in months to [...]

Sector Financial Balances as a Diagnostic Check

So did others using this approach, like MMT economist Randy Wray who combined Godley's method of analysis with Hyman Minsky's . Ann Pettifor also predicted an impending debt deflationary episode in 2003 and again in … [...]