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Recent Posts

Abeconomics, deflation and the Japan conundrum | Gestaltz

A slight change in focus can produce a profoundly different understanding https://twitter.com/gestaltz (by George [...]

Fisher and Minsky on debt deflation « Financial Stability News

The 1933 Econometrica article by Fisher on debt deflation is a classic. If you haven't read it already, read it now. But you might then also read Hyman Minsky's take on the same story (from 1982). [...]