No, I didn't spell the title wrong - not Keynes. If you haven't heard of Steve Keen, that's not too much of a surprise because I hadn't either, although I regularly visit sites in the economics blogosphere. Steve has an important message, but it's unlikely you will hear much about it any time soon because it is just [...]
Tag: economic crisis
Europe – Into the Abyss
Cover photo from the Economist about a year ago -- now all too true. As we watch the ongoing train wreck in the European Union, we can't help wondering where it will all end up. I search in vain on the internet for a discussion about the logical conclusion to this catastrophe, but few venture to put [...]
Economic Shift to the East
As the recovery - or lack thereof - continues, it is becoming more clear that there is an important shift in economic power away from Europe and America and toward the emerging Asian economies. There has always been concern that the Chinese sleeping giant would awake and overtake us, but I doubt that anyone anticipated the entire [...]
