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Roving Cavaliers of Credit
Read Some Minsky
Monetary Profits Paradox
Are We "It" Yet?
Monetary Multisectoral Model
"No-one saw this coming"?
Why the Crisis is not over
Deleveraging with a twist
Bernanke doesn't understand the Great Depression
The Case Against Bernanke
Rescuing the Bubble
Australian house prices
Competition No Panacea
House Prices & Banks I
House Prices & Banks II
Lectures on Endogenous Money
Debt and Australian housing
BBC HARDtalk Interview
INET Interview on why I saw "It" coming
I’ve just been alerted by Banking Day (a subscriber-only service) that Westpac–via its subsidiary St George–is now allowing potential borrowers to treat their rental payments as “evidence of genuine savings” when applying for a home loan.
This is of course portrayed as good thing in the press release that announced the development–issued by the broker …
The RBA and most conventional market economists see 2011 as the year in which our biggest challenge will be “managing prosperity”. The mining boom will keep the money flowing, and the economy will just have to cope with the structural change that results.
There’s no doubt that China’s demand for our minerals has generated enormous …
Tom Palley has written an excellent opinion piece for the Financial Times on why Obama is failing, and he requested that I reproduce it here. However, to read it, I’d prefer if you clicked on the link in the title of Tom’s piece below. That will take you to the Financial Times blog itself–the …
If you have seen my submission to the Senate inquiry into competition in the banking sector, you would know that I’m less than impressed by its premise–that whatever the problems are, they can be solved by a hefty dose of competition.
It seems I’m not the only cynic. Three other notable bloggers
http://www.housesandholes.blogspot.com/
http://delusionaleconomics.blogspot.com/ and
http://www.unconventionaleconomist.com/
have established a …
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