I’m sorry, I couldn’t help it: when Larry Summers first made his secular stagnation speech at the IMF, and the American economics tribe heralded it as if it were the greatest (and latest) thing since sliced bread, my irony gene went into overload—and that showed in my first post on the topic. The argument that the West has been suffering from secular stagnation, and that only a series of financial bubbles have kept the illusion of prosperity going, has been part of non-orthodox economics for over three decades.
Ending Overlending
-
Recent Posts
Recent Tweets
User
Essential Posts
Financial Instability
Roving Cavaliers of Credit
Read Some Minsky
Monetary Profits Paradox
Are We “It” Yet?
Monetary Multisectoral ModelThe New Depression
“No-one saw this coming”?
Why the Crisis is not over
Deleveraging with a twist
Bernanke doesn’t understand the Great Depression
The Case Against BernankeAustralian Housing
Rescuing the Bubble
Australian house prices
Competition No Panacea
House Prices & Banks I
House Prices & Banks IIVideo overview
Lectures on Endogenous Money
Debt and Australian housing
BBC HARDtalk Interview
INET Interview on why I saw “It” comingDebunking Economics II
Disclaimer
This site does not give personal financial advice. The focus of this blog is economic analysis, and how you interpret this with respect to your own financial decisions is entirely up to you.
Steve Keen, Debtwatch, and any employees or associates will not be held liable for any losses resulting from decisions taken by any individual or entity as a consequence of reading materials on this blog.
Membership or sponsorship of this blog does not constitute purchasing any product service apart from those listed in the membership and sponsorship conditions.
-