Tags: minsky

The Failure of Reform

December 7th, 2014
in Op Ed

To say that economics is broken is also to say that reform has, to this point, failed - failed to provoke debate and failed to deliver resolution of key questions on debt, how money is created, how the real economy is connected to the financial economy, and more. It has failed to more »

Why I’m Supporting Steve Keen

March 8th, 2013
in Op Ed, syndication

Written by John Lounsbury Australian economist Steve Keen is taking an unusual approach to funding his research; he is appealing to the public for support. This has been covered by GEI News, here and here. How Did This Come About? How Keen came to… more »

Economics: A Gaping Separation Between Theory and Operations

August 30th, 2012
in Op Ed, syndication

by Roger Erickson There is complete confusion over the divergent goals of equilibrium vs. navigating unpredictable survival paths. more »

Minsky and the Narrow Banking Proposal: No Solution for Financial Reform

August 27th, 2012
in Op Ed

by Guest Author Jan Kregel Introduction The recent losses at JPMorgan Chase, the money laundering activities of HSBC, and the recent discovery of collusive activity to influence the London Interbank Offered Rate by the money market desks of some of t… more »

What is Needed? Less Confidence in Stability

August 21st, 2012
in Op Ed

by Dirk Ehnts What is a crisis? The Merriam-Webster dictionary offers the following three definitions:a : the turning point for better or worse in an acute disease or feverb : a paroxysmal attack of pain, distress, or disordered function c : an e… more »

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