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Recent Posts

Debt deflation in action: Greece | Real-World Economics Review Blog

Household debt in Greece is pretty low (70% of GDP, 2013), at least compared with countries like the Netherlands (139%, 2012), Denmark (149%, 2012) or Ireland (112%, 2012). Also, after 2010 Greek households paid [...]

In Japan Abe boosted Growth and stopped Deflation | NOURIEL …

In Japan Abe boosted Growth and stopped Deflation . In Japan , the first two “arrows” of Prime Minister Shinzo Abe's economic strategy – monetary easing and fiscal expansion – have boosted growth and stopped deflation [...]

The Eurozone's (and Japan's) deflation problem | Sam Wilkin

I tend to be bullish on Europe – partly as a corrective to the mass of commentators who too early wrote off the crisis in the Eurozone as irresolvable. This optimism has been justified by the recent run-up in European [...]

CHINA´S MINSKY MOMENT – Gonzalo Raffo News

Meanwhile, as Corriente understood, the likelihood of major defaults across the Eurozone rises every day that the ECB does the bare minimum to resist France's and Italy's slide toward deflation . It's not over until the fat lady  … [...]

ekathimerini.com | Draghi deflation risk put at 35% by Morgan …

“Until too late, the Bank of Japan didn't think Japan was going to be entangled with deflation ,” said Kenji Yumoto, vice chairman of the Japan Research Institute Ltd. and an economic adviser to the government in the late  … [...]

NAKED KEYNESIANISM: Palley on The Limits of Minsky's Financial …

Aside from Keynes, no economist seems to have benefited so much from the financial crisis of 2007-08 as the late Hyman Minsky . The collapse of the sub-prime market in August 2007 has been widely labeled a “ Minsky   … [...]

Deflation Theory Reality Check: Why Inflation is Severely Understated

The blog's primary focus is inflation, deflation , and hyperinflation topics, especially currencies, gold, silver, crude, oil, energy and precious metals. Other macro … Minsky is SourceForge's Project of the Month. Augusto  … [...]

Deflation in Greece: rapidly increasing | Real-World Economics …

Almost exactly a year ago (Jan 20), Tyler Cowen asked the question: 'Why is there still inflation in Greece' while, somewhat earlier (Oct 26, 2012), I stated that 'In Greece, deflation and not inflation is the [...]

Mike Norman Economics: Steve Keen — Mun iteration of Minsky …

The “Mun” iteration of Minsky , the Open Source system dynamics program with special features to handle monetary modeling, is now available at SourceForge. DebtWatch. Mun iteration of Minsky now available. Steve [...]

Deflation in Greece | Real-World Economics Review Blog

Dynamite Prize · Dynamite Prize in economics · economic journals · Economic Thought · economics profession · ethics · Minsky · neoclassical economics · Real World Economics Movement · revere award · Revolving-Door  … [...]