October 2020
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Recent Posts

Deflation and the dangers of 'turning Japanese' – Steven McCabe …

Optimists argue that a number of things will occur militating against the normal problems associated with falling [...]

Tax Hike in Japan to test fight against Deflation – Your …

There is a big test coming up for the Prime Minister of Japan , Shinzo Abe, and his own brand of economic policies which have been labelled “Abenomics”. Abe has launched a range of aggressive measures to end deflation [...]

Minsky's Financial Instability Hypothesis | John Mauldin …

The financial instability hypothesis has both empirical and theoretical aspects. The readily observed empirical aspect is that, from time to time, capitalist economies exhibit inflations and debt deflations which seem to have [...]

Do we get deflation or inflation? Today we look at the darker …

The world has been in disinflation since 2011: deflation is next. Japan has won the currency war and its cheaper exports are forcing others to cut prices. Meanwhile, slowing growth and weakening currencies in emerging  … [...]

Transcript: Technology and Growth, the Business Cycle, Minsky and …

A relatively low-income, high-unemployment, stagnant recession to uncertain depth and duration will follow a debt- deflation process. Minsky completed Keynes. The theory that business cycles and fluctuations are a function  … [...]

Japanese Consumer Prices Increase, Signalling End of Deflation …

After five years of deflation , the price of consumer goods in Japan is on the way up after a series of measures from key policymakers bring an end to deflation [...]

Consumer Prices Rise in Japan, Signalling Possible End to Deflation

Japanese Prime Minister Shinzo Abe has made falling prices one of the government's top targets, with a series of anti- deflation measures aimed at curbing [...]

The Japanese Laugh At Peter Schiff’s Idiotic Notion That Deflation Is Good For Their Economy

http://www.nytimes.com/2010/10/17/world/asia/17japan.html?pagewanted=all [...]

The State as the Employer of last Resort ~ Global Labour Column

The deflationary exit strategy from the crisis advocated by the European elites can only lead to a long, painful recession. In the wake … Here, Minsky identifies two anti-unemployment strategies that are richly instructive [...]

EconoMonitor : Great Leap Forward » Hyman Minsky's New Book on …

Many of us got this policy from the late Hyman Minsky , who is well-known for his “financial instability hypothesis”. However, in the 1960s and 1970s he wrote nearly as much on unemployment and poverty. Indeed, he linked … [...]