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Recent Posts

Draghi has yet to banish the threat of deflation – The A-List – Blogs …

Stating that deflation will be avoided is one thing, making sure it will be avoided is another thing altogether. It's too easy to forget that, in the mid-1990s, most economists thought Japan was about to embark on a modest [...]

Japan PM: Deflation is monetary phenomenon, can be overcome by …

Japan PM: Deflation is monetary phenomenon, can be overcome by monetary policy – [...]

Poli 610:Macro-economic theory and policy after Keynes and the …

It examines in close detail the problems of inflation, deflation ,public finance, unemployment, recession,depression, stagflation and economic growth in the light of the work of John Maynard Keynes and his interpreters, co-creators and …. Hyman Minsky , John Maynard Keynes (N.Y.:McGraw Hill, 2008); Stabilizing an Unstable Economy(N.Y.:McGraw Hill, 2008); Can it Happen again:Essays on Instability and Finance (Armonk, N.Y.: M.E.Sharpe, 1982); R.Dimand, The … [...]

Deflation Deepens as Japan Contraction Risk Intensifies

Deflation Deepens as Japan Contraction Risk Intensifies. Japan 's consumer prices slid at a faster pace in July and industrial production unexpectedly slumped, raising the danger that the world's third-largest economy has … [...]

Robert Kurz: The Road to Devaluation Shock and the Collapse of …

Of course, Kurz was not alone in this sort of thing — the bourgeois economist Hyman Minsky (pdf) was making a similar prediction. And beyond Minsky , there are writers who have predicted the imminent collapse of the … [...]

Daily Kos: A 2012 Victory Won't Bring Back the Economy: Only a …

This debate ignores the big elephant in the room; the millions of people underwater defrauded into mortgage debt and other private debt chaining them to their deflating assets with no sufficient income prospects added up and compounded …… of it) and mixed it with Irving Fischer's debt deflation hypothesis and Minsky's Financial Instability Hypothesis and that is where we see Steve Keen and Michael Hudson coming from today with their own contributions of [...]

Mike Norman on Austerity in Europe, Debt Deflation, and the …

Mike Norman on Austerity in Europe, Debt Deflation , and the Emasculation of Wall Street? CapitalAccount. Posted by BrotherJohnF on February 7, 2012 Leave a comment (0) Go to [...]