The Macroeconomics of Chinese Kleptocracy
…its rather convincing insights? Now here’s what’s fascinating: my hat tip goes to a post two days ago by Craig Tindale at … Steve Keen’s blog — a blog where…
…its rather convincing insights? Now here’s what’s fascinating: my hat tip goes to a post two days ago by Craig Tindale at … Steve Keen’s blog — a blog where…
…seems to perfectly encapsulate Nick’s (some-variety-of-)monetarist position: Steve, raising the inflation target is an “action”. Try this: The Fed promises to raise inflation or NGDP to X (target or relative-to-trend…
I think Steve handles it admirably, and admirably briefly, so in this case I’ll simply point you over there. On bank lending’s creating deposits and Paul Krugman’s response | Credit…
The key failing in Krugman’s response to Steve Keen’s response to Krugman’s paper (PDF) is here: If I decide to cut back on my spending and stash the funds in…
…— floated us through those years. (This is just a variation of what Steve Keen’s been saying all along.) We’ve been in this woulda-been-a-depression since 2001. We just didn’t know…
…smaller and richer, and the slopes leading up to it steeper, rougher, and slicker. That opportunity is best displayed through intergenerational mobility — what my friend Steve calls “convection.” What…
Clifford Clark’s post at ataxingmatter* is worth a more complete look. This also brings to mind Steve Keen’s work on private debt and the economy on his blog Debt Watch…
…the IS harping on the issues that would motivate voters, like more jobs, better access to housing and education. Steve Phillips, et al., think that only white men and married…
…Washington Post. —- Okay, so all you politics obsessives probably heard about a comment Martin O’Malley made to NPR’s Morning Edition host Steve Innskeep during an interview earlier this week,…
…mine. Minus the Medicare-and-Social-Security-make-us-weak-as-people part, since that wasn’t mentioned specifically at the debate. As Steve Benen wrote on Thursday (I linked to it also in my earlier post), Rubio’s big…