Saturday, January 14, 2017
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Challenging the Premisses
| 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 |
Art's VIGOR Page
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
2. My GoogleDocs file. Mine brings up a "preview" window. Click the "Use this template" button to open it.
Introductory Post
Google Translate
Blog Archive
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2017
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January
(24)
- Things change
- "The drastic Republican border-tax package"
- You don't just show a graph and assume that the tr...
- It's "Productivity and Cost", not "Productivity an...
- A "tacit understanding" is an assumption
- What is debt?
- Seeing is Believing
- Sequence of Events
- Hope and bullshit
- If you can't find a way to boost productivity, may...
- Snowball Effect
- The "causal loops" of system dynamics
- So no recession yet.
- A remarkably consistent increase in debt trend growth
- The evolution of Real Debt growth, 1948-1993
- Current expenditures? What's that?
- Philip George on involuntary unemployment
- Agreeing to agree
- Use
- Would it matter?
- As a graph-maker ...
- You don't even know the size of inflation-adjusted...
- The Federal debt and deficits
- My recession indicator says "not yet"
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January
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Money as Credit *****
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Of Thought & Action
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The Candid Blogger
Blended Purple
Frozen Arctic Tundra
Truth Addicts Anon
jbpeebles
Mayday Books
Dredd Blog
Dolor's Rants
The 40-year-Old Freshman
Thinking on the Margin
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Unsettling Economics
Irrational Expectations
Theory2Life
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Vin's Read More!
FAQ's Image Host
A Very Nice Menu
WWW.W3 Schools
Bloogger Help
Image Test and T2
Blogger Sentral
HTML Color Codes
Google Translate
Link Within a Page
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FRED® Graphs ©Federal Reserve Bank of St. Louis. 2016. All rights reserved. All FRED® Graphs appear courtesy of Federal Reserve Bank of St. Louis. http://research.stlouisfed.org/fred2/ "
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1 comment:
Thank you for your kind comments.
Another consequence of some of the math in this paper can be seen in another paper published a few months ago: http://www.paecon.net/PAEReview/issue77/George77.pdf (The mathematical equivalence of Marshallian analysis and 'General Equilibrium' Theory)
This shows that contrary to the claims made over more than half a century, the classic Marshallian demand and supply analysis is not "partial equilibrium" analysis. It possesses the same order of generality as what is claimed to be "General Equilibrium" theory.
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