Looks as if just before the yachting season BoE economists have allowed themselves another peek beyond the pale of the classic Savings&Loans specs: ... "No existing studies that address the comovement puzzle account for the empirical movements in bank equity and credit spreads (see eg DiCecio (2009); Sterk (2010); Carlstrom and Fuerst (2009); Katayama and Kim (2013); Di Pace … Continue reading BoE nudging mainstreamers toward re-discovery of credit channel ?
Tag: Marc Lavoie
Digitales Zentral Bank Geld : Geld zwischen Schleier und Tabu (3)
TheEconomist zur Dominanz des Kreditgeldes, dessen Missachtung durch die orthodoxe Ökonomie und die Schwierigkeiten einer Wirtschafts-Wissenschaft ohne Mensch und Geld
Hyman P. Minsky
Review of Evolutionary Political Economy 2020 Was Hyman Minsky a post-Keynesian economist? by Marc Lavoieesses "... The paper recollects the main features of Minsky’s financial instability hypothesis that became so popular in the aftermath of the failure of Lehman’s Brothers despite having been totally ignored by mainstream economists until then. It also recalls other important contributions … Continue reading Hyman P. Minsky
Post Keynesians
Post-Keynesian Economics : An Introduction - Eckhard Hein 2014 read GM pdf here e3me.com 7-2021 Back to our roots: E3ME and Michał Kalecki - Hector Pollitt https://neweconomicthinking.org.uk/ concertedaction.com/ The Case For Concerted Action Post-Keynesian Ideas For A Crisis That Conventional Remedies Cannot Resolve Post - Keynesians Joan RobinsonNicholas KaldorWynne GodleyMarc LavoieFrancis CrippsAnthony ThirlwallJohn McCombieThomas PalleyLouis-Philippe … Continue reading Post Keynesians
MACRO next paradigm, hetero + pluralist
hetero, post keynesian theguardian 3-2023 ‘Our staff members are social activists’: the university with a critical approach to economicsEconomist and best-selling author Ha-Joon Chang says that students at Soas University of London are encouraged to look at the failures of capitalism https://www.taylorfrancis.com/chapters/edit/10.4324/9781315177731-8/introduction-critical-political-economy-multi-paradigmatic-setting-johannes-j%C3%A4ger Introduction to critical political economy in a multi-paradigmatic setting - By Johannes JägerBook … Continue reading MACRO next paradigm, hetero + pluralist