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Recent Posts

An Endeavour into Economics: ECLA Co-hosts the Minsky …

From November 26th to 27th, ECLA of Bard had the great opportunity to co-organize the annual Hyman P. Minsky Conference on Financial Instability together with the Levy Economics Institute of Bard College. … Any attempt to resolve this dependency would lead to a deflation of debt, which would force more austerity measures, which would further reduce the GDP and hinder debt reduction, thus creating a vicious circle that can throw European economies into … [...]

(Video) Steve Keen on the Minsky Singularity and the Debt Black …

Australian economist and Debunking Economics author Steve Keen will tell us if this is a case when debt deflation wins and the real economy loses. In the US, new jobs numbers disappoint again. However, the number of … [...]