June 2020
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Economic Logic: Ageing and deflation in Japan

Ageing and deflation in Japan . Inflation rates across industrialized economies have been remarkably low in the past decades, and at the same time these economies have been subject to considerable demographic [...]

Nasdaq And Lessons From Japan | S O L A R C Y C L E S

BUT, Japan did make some 'mistakes', in belatedly adopting QE, and only keeping loose monetary policy once the economy entered periods of deflation , withdrawing once back into inflation. I say 'mistakes', because that is  … [...]

Demographics, Disinflation and Deflation | S O L A R C Y C L E S

The alternative 15-40 ratio measure paints a similar picture of price deflation ahead for five of the most important economies: 23jun14 This explains why ZIRP and QE have failed to bring about inflation in Japan and now the  … [...]

Japan 's Deflation Persistence | azizonomics

Certainly, older people tend to have more savings, or tend to live in a fixed income, and so benefit from deflation But correlation is not causation. Certainly, Japan's older population l0ves deflation ..But the issue is the love of … [...]

Mike Norman Economics: Lars Syll — Sweden hit by deflation

… neoclassical economics has nothing to offer in way of solving the problems that it brings along – and why it is so important to get hold of the insights that Fisher, Keynes, Minsky and Krugman have given us on debt- deflation … [...]

Tahoe is Walking On: Demographics, Debt and Deflation (Harry …

But the bubble-bust cycle that history has allowed us to see is not the only reason I'm so certain we're heading for deflation and a great crash ahead. I have other …. Discussing Minsky & Jubilee with Alpha to Omega … [...]

Vikram Mansharamani's 'Boombustology: Spotting Financial Bubbles

He then attempts to combine the Austrian cycle, Minsky's financial instability hypothesis, and debt- deflation theory into one theoretical construct, “with debt and its magnifying power as the primary drivers of the cycle” (pg. [...]

NAKED KEYNESIANISM: This time is different, after all

It is well known, and it has been discussed in this blog, that the crisis has been to a great extent associated to the fact that wage stagnation has led to the accumulation of increasingly more unsustainable levels of private debt (echoes of both Godley and Minsky , from the Levy Institute). … The main difference between the current Great Recession with the previous two recessions is that private debt falls (below the zero line) as a result of deleveraging (debt- deflation [...]

Augusta Metros Learning Center: Debt Induced Recession is a …

{We won't go into a detailed explanation of debt deflation here, but please bing or google (1) Irving Fisher, (2) Hyman Minsky , (3) debt deflation or (4) financial instability hypothesis if you're interested in knowing more about … [...]


Minsky's papers are available here. Several interesting nuggets for those willing to dig. Enjoy! Posted by Naked Keynes at 5:54 AM · Email ThisBlogThis!Share to TwitterShare to Facebook. Labels: Heterodox Economics … [...]