The New Arthurian Economics

Excessive private debt stands in the way of economic growth.
Our goal must be to reduce private debt.

Start with the debt problem, three views of it, and the most important thing. Here's a longer look at the debt problem.

Here's a short one on economic policy, some surprising trends, and a few unusual policy recommendations.

How'd we get into this mess? Read Policy Venn and Policies of the Venn Overlap.

Still with me? Read A Matter of Life and Death. And for an overview, download my 12-page PDF

Random Eyes

Click to see one of those "short link" FRED graphs at random. By Jerry.
Or
Read the Intro Post.

Debt Accumulation

Two new versions of an economic model showing how accumulating debt hurts economic growth. 1. Jerry's stand-alone PHP version.
2. My GoogleDocs file. Mine brings up a "preview" window. Click the "Use this template" button to open it.
Introductory Post

Stimulus Watch

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The New Arthurian Economics

Copyright © 2010-2013 Arthur Shipman

Tuesday, January 4, 2011

God, he was smart!

From The General Theory, Chapter 5:

Thus a mere change in expectation is capable of producing an oscillation of the same kind of shape as a cyclical movement, in the course of working itself out.
Posted by The Arthurian at 8:00 AM

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