Documentary of The Week: Debt and Growth

August 9th, 2015
in econ_news, syndication

Steve Keen: Crash Course in Non-Equilibrium Economics Lecture 5B

Econintersect: Lecture 5 completes Prof. Keen's lecture series on non-equilibrium economics with continuation of the discussion of the application of Financial Instability Hypothesis by Hyman Minsky to the work of Richard Goodwin from fixed cycles to a functionally dynamic model. The preceding lecture (5A) showed how including endogenous money* explained how credit and banking are factors in economic growth, contrary to the arguments of neoclassical economics.  This lecture examines in detail how growth of debt and and acceleration of growth of debt are related to economic growth.

Steve-Keen

Follow up:

*Endogenous money is created through economic interactions within an economy rather than autonomously (exogenously) by an external authority (such as a central bank).

The lectures in this series Econintersect has posted:

Source:









Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.

















 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2017 Econintersect LLC - all rights reserved