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PSA: Steve Keen at the Roosevelt in NYC tonight at 5:00/6:00

…actually reflects the world has come to dominant Micro—with the rather predictable adverse consequence that Macro has to be more-than-the-sum-of-the-parts—i.e., include a positive social aspect—to be the best of all…

Sheer Idiocy, European (and American) Style

…EU banks have significantly strengthened their capital positions and are able to withstand adverse macroeconomic scenarios, a view not changed by the additional disclosure of sovereign exposures,” it said…. “The…