Steve Keen is an Australian Post-Keynesian economist credited as having “seen it coming” in this survey of research by economists or financial market commentators. Keen was one of only eleven researchers who qualified, which included Schiff, Roubini, and Shiller.
Steve Keen is a follower of Hyman Minsky’s “Financial Instability Hypothesis”, which he summarises as:
1) Capitalist economies [...]
:: Saturday, March 20, 2010
There’s been a lot of chatter in the financial news this
past week concerning deflation, with one blogger for the Motley Fool [http://caps.fool.com/blogs/viewpost.aspx?bpid=111216&t=01001019292467236494]
even proclaiming, “Clearly deflation is here.” But is it?
Are we there yet?
Deflation is defined as falling prices over a lengthy and sustained
period of time, often combined with a decrease in the money supply. Therefore,
an [...]
Subscribe
Blogs RSS feeds [What's this?]Get Our Blogs in Your Inbox
Categories
Latest Posts
Blogroll
Calendar
Copyright © 2009 Citizen Economists. All rights reserved.
