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Steve Keen: "The Roving Cavaliers of Credit" (or Why Ben's Helicopter Will Fail)
nakedcapitalism.com - 2/8/2009
Steve Keen: "The Roving Cavaliers of Credit" (or Why Ben's Helicopter Will Fail)
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Readers responded with great enthusiasm the last time I hoisted a big chunk of material from Australian economist Steve Keen's blog (see " Bernanke an Expert on the Great Depression? " )I was therefore quite gratified when he wrote asking me to cross post his latest piece . Keen is a ...
Opinion: Policies Prolonged Depression
online.wsj.com - 2/2/2009
Opinion: Policies Prolonged Depression
— online.wsj.com — [Commentary] Corbis A man selling apples during the Great Depression.... (more) Opinion: Policies Prolonged Depression

Comments vote down Greg Mankiw's Blog found this 2/2/2009found this
nakedcapitalism.com - 2/2/2009
Japan on the Edge of the Abyss?
— nakedcapitalism.com — A reader chided me for not making note of the truly dreadful factory output figures released last... Thursday, which showed a fall of 9.6%. I have to confess that I have fallen into "Japan bad news" syndrome, in that I expect bad news out of Japan ... (more) Japan on the Edge of the Abyss?

Comments vote down FT Alphaville found this 2/2/2009found this
Contraction, not tightening
macroblog.typepad.com - 2/7/2009
Contraction, not tightening
— macroblog.typepad.com — Over at Financial Crisis and Recession , Susan Woodward and Robert Hall start a recent post, titled... " The Fed contracts ," with this: "The Fed has indicated that it plans to pursue a policy of quantitative easing , that is, expanding its ... (more) Contraction, not tightening

Comments vote down naked capitalism found this 2/7/2009found this

Blog Reactions

The Mess That Greenspan Made:  Sunday morning links

Rolfe Winkler:  Lunchtime Links 2-9

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Blog Reactions

Sunday morning links
The Mess That Greenspan Made — ... in Motion,’ Obama Urges Lawmakers - NY Times Without huge salaries, financial leaders won't try hard? - LA Times Furloughs in California Close Many State Offices - NY Times States' only option now is budget pain - LA Times America's Most Miserable Cities - Forbes For Bank of America and Merrill, Love Was Blind - NY Times Fed's Yellen sees dynamics similar to Depression - Reuters MARKETS/INVESTING Steve Keen: "The Roving Cavaliers of Credit" - Naked Capitalism Gauging Uncle Sam's credit ...

Lunchtime Links 2-9
Rolfe Winkler — TV “fitted to contact lenses within 10 years” (Telegraph) CEOs/Bankers used corporate credit cards for sex says NY madam (ABC) Sam Zell timed sale of empire perfectly. (NYT) We have a credit money system, not fractional reserve banking (Steve Keen, via Naked Capitalism) Housing, the biggest Ponzi of them all (via Patrick) Nissan reports big loss, will lay off 20,000 (Marketwatch) Amazon to release Kindle 2 (PaidContent) ...

Related: steve keen the roving cavaliers of credit
Steve Keen: "The Roving Cavaliers of Credit" (or Why Ben's Helicopter Will Fail) — naked capitalism
Readers responded with great enthusiasm the last time I hoisted a big chunk of material from Australian economist Steve Keen's blog (see " Bernanke an Expert on the Great Depression? " )I was therefore quite gratified when he wrote asking me to cross post his latest piece . Keen is a ...
Heterodox Economics — self-evident
Steve Keen is an economics professor at the University of Western Sydney. He spends his days railing against the “mainstream” economic models, which he thinks do not pay enough attention to money . So… Crackpot, or visionary? “The Roving Cavaliers of Credit” ...