February 2015
M T W T F S S
« Jan    
 1
2345678
9101112131415
16171819202122
232425262728  

Jubilee! | Economic Undertow

Toil has produced the requisite 1000 words and time will tell whether it will appear @ URPE or not. If not I will post it here (I will post it here, regardless). Here are Professor Keen's 1000 words: Steve Keen (Debt Deflation ) … behind this correlation is that money is created “endogenously” when the banking sector creates loans, and this newly created money adds to aggregate demand—as argued by non-orthodox economists from Schumpeter through to Minsky .

Follow this link:
Jubilee! | Economic Undertow

blog comments powered by Disqus