A Primer on Minsky

by Steve Keen, Debt Watch Editor’s Note: This is the article that started the recent “Keen-Krugman War.”  We will post more on this important economic discussion in the coming days. My paper “Instability in Financial Markets: Sources and Remedies” for the INET conference “Paradigm Lost: Rethinking Economics and Politics“, to be held in Berlin on …

The Great Debate©: Will the U.S. Mirror Japan?

by Guest Author Robert Huebscher, Advisor Perspectives Larry Summers (left) and Paul Krugman (right) may share ideological leanings, but they disagree sharply about our economic prospects. Both agree that political gridlock is responsible for the failure to grow our economy, but is that impasse is so severe that the US is destined to endure the …