Econintersect: Steve Keen has written a chapter for a forthcoming book, editied by Malliaris, Shaw and Shefrin, on the financial crisis of 2008. In the chapter Keen derives a corrected formula for the role of the change in debt in aggregate demand. A.G. Malliaris is Walter F. Mullady, Sr. Professor of Economics and Finance at Loyola University Chicago; Leslie Shaw,Ph.D. is a consultant in financial decision making; and Hersh Shedrin is Mario L. Belotti Professor of Finance, Santa Clara University.
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Steve Keen
Click on the following page image to access the pdf of the new book chapter:
Source:
- Modeling Financial Instability (Steve Keen, Steve Keen’s Debtwatch, 02 February 2014)
