The New Arthurian Economics

Challenging the Premisses

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Monday, January 22, 2018

My, how the story has changed!

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Andy Kiersz, Business Insider , 2 June 2017: Since about the turn of the millennium, the labor-force participation rate, or the share of A...
Sunday, January 21, 2018

Interest Cost by Sector

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The first graph shows the distribution of interest costs among sectors of the economy. I want to point out that it's a stacked graph...
Saturday, January 20, 2018

Dolts for Better Theory

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So let us not talk falsely now, The hour is getting late. - Bob Dylan The Washington Post: A black hole for our best and brightest , Jim...
3 comments:
Friday, January 19, 2018

Keynes on Excessive Finance

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From Chapter 8, Section IV of the General Theory : We cannot, as a community, provide for future consumption by financial expedients but...
1 comment:
Thursday, January 18, 2018

"Non-financial" in name only

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Nonfinancial corporate businesses -- the ones that produce and service real output -- own financial as well as non-financial assets. Back i...
Wednesday, January 17, 2018

Repetition helps

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Household debt: recent developments and challenges (PDF) by Anna Zabai of BIS. From the abstract: In a high-debt economy, interest rate...
Tuesday, January 16, 2018

Anna Zabai of BIS on Household Debt

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https://www.reddit.com/r/Economics/comments/7j5pv9/household_debt_recent_developments_and_challenges/ https://www.bis.org/publ/qtrpdf/r_q...
1 comment:
Monday, January 15, 2018

US Population back to 1929

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POP , FRED's number for Total US Population, only goes back to 1952. But FRED does show both Real disposable personal income and Real ...
4 comments:
Sunday, January 14, 2018

Households and Hedge Funds

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See Note 1
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