Most of the analysis is out of paradigm with MMT, but the conclusions are similar to those of some MMT economics like Randy Wray, even though the reasoning is somewhat different on monetary economics. Agreement arises where the institutional analysis overlaps, even though the financial analysis may be different.
Read it at MarketWatch
Our decade from hell will get worse in 2012
by Paul B. Farrelll
1 comment:
Steve Keen on BBC HARDtalk:
http://www.spadacapital.com/?articleID=2290
Also on YouTube:
http://www.youtube.com/watch?v=rGkmgnprrIU&feature=player_embedded#!
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