Friday, September 9, 2011

More macro-analysis by Rob Parenteau

From the article: "I submit with Greece, the world is in all likelihood about to witness yet another case study in Irving Fisher’s debt deflation dynamics, which he described a lifetime ago after losing his shirt in the Great Depression – an experience that led him to rethink his conviction that markets are generally self-stabilizing in a general equilibrium fashion". Read the entire article here.

2 comments:

Mike Norman said...

Great article.

Manasia said...
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