Debtwatch: Still free, but…

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Debt­watch has been oper­at­ing since March 2007, and in that time it has grown from a sim­ple means to get my month­ly newslet­ter out into a major alter­na­tive eco­nom­ics web­site.

The work­load to main­tain the site has become enor­mous: I have to write posts, admin­is­ter this site, par­tic­i­pate in its active dis­cus­sions (and keep them civ­il), all on top of my “day job” as a Pro­fes­sor of Eco­nom­ics and Finance at the Uni­ver­si­ty of West­ern Syd­ney. And I have to con­tin­ue devel­op­ing the research that made Debt­watch pos­si­ble in the first place: my efforts since 1997 to turn Min­sky’s Finan­cial Insta­bil­i­ty Hypoth­e­sis into a ful­ly fledged macro­eco­nom­ic mod­el, as an alter­na­tive to the var­i­ous delu­sion­al Neo­clas­si­cal mod­els that have dom­i­nat­ed eco­nom­ics ever since John Hicks penned his utter­ly mis­lead­ing car­i­ca­ture of Key­nes’s Gen­er­al The­o­ry back in 1936.

After more than 4 years of doing this for free, I am … going to con­tin­ue doing it for free. But I also want to make it pos­si­ble for those who appre­ci­ate what I am doing to do so via a paid mem­ber­ship sys­tem. Dona­tions have enabled me to pay for the Keen Walk to Kosciuszko, to seed the Cen­ter for Eco­nom­ic Sta­bil­i­ty, and make occa­sion­al com­put­er soft­ware and hard­ware pur­chas­es. Some of these dona­tions have been quite generous–there have been sev­er­al of $500–but over­all only a minus­cule frac­tion of  the site’s over 12,000 sub­scribers and 50,000+ unique vis­tors each month have ever clicked on the “Donate” but­ton.

So I’m going to try a dif­fer­ent approach now: it will still be pos­si­ble to sign up for free, as now. But there are also 12 lev­els of mem­ber­ship, from a triv­ial US$2 a year all the way up to a ridicu­lous US$10,000 p.a. (which I ful­ly expect no-one to sign up to!). Once only pay­ments for life­time access are pos­si­ble too.

My hope is that a sig­nif­i­cant frac­tion of the peo­ple who reg­u­lar­ly vis­it this blog–and espe­cial­ly those who fol­low or take part in its live­ly discussion–will sign up for the min­i­mum lev­el of US$2 per year.

Who knows, if enough mon­ey is raised this way then I may be able to focus exclu­sive­ly on the fun­da­men­tal research that eco­nom­ics des­per­ate­ly needs.

So if you regard Debt­watch as being of val­ue, please acknowl­edge that by click­ing on one of the pay­ing options below.

Recurring Payments

Mem­ber­ship Lev­el Rights Fee Pay­ment
Brows­er Access site but no doc­u­ment down­loads Nil Brows­er Reg­is­tra­tion
1. Sup­port­er Same as Brows­er plus down­load all doc­u­ments US$2 per year  [s2Mem­ber-Pay­Pal-But­ton level=“1” ccaps=”” desc=“Supporter / Access site plus down­load all doc­u­ments” ps=“paypal” lc=”” cc=“USD” dg=“0” ns=“1” custom=“www.debtdeflation.com” ta=“0” tp=“0” tt=“D” ra=“2” rp=“1” rt=“Y” rr=“1” rrt=”” rra=“1” image=“default” output=“button” /]
2. Keen Same as Sup­port­er US$10 per year  [s2Mem­ber-Pay­Pal-But­ton level=“2” ccaps=”” desc=“Keen / Access site + down­load all doc­u­ments” ps=“paypal” lc=”” cc=“USD” dg=“0” ns=“1” custom=“www.debtdeflation.com” ta=“0” tp=“0” tt=“D” ra=“10” rp=“1” rt=“Y” rr=“1” rrt=”” rra=“1” image=“default” output=“button” /]
3.  Schum­peter Sup­port­er US$50 per year  [s2Mem­ber-Pay­Pal-But­ton level=“3” ccaps=”” desc=“Schumpeter / Access site plus down­load all doc­u­ments” ps=“paypal” lc=”” cc=“USD” dg=“0” ns=“1” custom=“www.debtdeflation.com” ta=“0” tp=“0” tt=“D” ra=“50” rp=“1” rt=“Y” rr=“1” rrt=”” rra=“1” image=“default” output=“button” /]
4.  Min­sky Sup­port­er plus a copy of any eBook I pub­lish  US$100 per year  [s2Mem­ber-Pay­Pal-But­ton level=“4” ccaps=”” desc=“Minsky / Sup­port­er plus copy of eBook” ps=“paypal” lc=”” cc=“USD” dg=“0” ns=“1” custom=“www.debtdeflation.com” ta=“0” tp=“0” tt=“D” ra=“100” rp=“1” rt=“Y” rr=“1” rrt=”” rra=“1” image=“default” output=“button” /]
5.  Keen+ Min­sky plus a signed copy of any book I pub­lish  US$200 per year  [s2Mem­ber-Pay­Pal-But­ton level=“5” ccaps=”” desc=“Keen+ / Min­sky + signed copy of any book I pub­lish” ps=“paypal” lc=”” cc=“USD” dg=“0” ns=“1” custom=“www.debtdeflation.com” ta=“0” tp=“0” tt=“D” ra=“200” rp=“1” rt=“Y” rr=“1” rrt=”” rra=“1” image=“default” output=“button” /]
6.  Schum­peter+ Keen+ plus a signed copy of the hard­cov­er edi­tion of any book I pub­lish  US$500 per year  [s2Mem­ber-Pay­Pal-But­ton level=“6” ccaps=”” desc=“Schumpeter+ / Same as Keen+ plus signed hard­cov­er” ps=“paypal” lc=”” cc=“USD” dg=“0” ns=“1” custom=“www.debtdeflation.com” ta=“0” tp=“0” tt=“D” ra=“500” rp=“1” rt=“Y” rr=“1” rrt=”” rra=“1” image=“default” output=“button” /]
7.  Min­sky+ Schum­peter+ US$1,000 per year  [s2Mem­ber-Pay­Pal-But­ton level=“7” ccaps=”” desc=“Minsky+ / Same as Keen+” ps=“paypal” lc=”” cc=“USD” dg=“0” ns=“1” custom=“www.debtdeflation.com” ta=“0” tp=“0” tt=“D” ra=“1000” rp=“1” rt=“Y” rr=“1” rrt=”” rra=“1” image=“default” output=“button” /]
 8. Keen­Schumpter­Min­sky Are you seri­ous? Let’s talk! At the very least, I’ll give a sem­i­nar to you or your com­pa­ny, wher­ev­er you’re based, every year. Hand deliv­ery of the hard­cov­er edi­tion of any book I pub­lish.  US$10,000 per year  [s2Mem­ber-Pay­Pal-But­ton level=“8” ccaps=”” desc=“KeenSchumpterMinsky / Good grief. At the very least, I vis­it once a year to give a sem­i­nar. Let’s talk.” ps=“paypal” lc=”” cc=“USD” dg=“0” ns=“1” custom=“www.debtdeflation.com” ta=“0” tp=“0” tt=“D” ra=“10000” rp=“1” rt=“Y” rr=“1” rrt=”” rra=“1” image=“default” output=“button” /]

One-off Payments

Mem­ber­ship Lev­el Rights Fee Pay­ment
 Keen Once Life­time access to the site and doc­u­ment down­loads plus a signed copy of Debunk­ing Eco­nom­ics II  US$200  [s2Mem­ber-Pay­Pal-But­ton level=“9” ccaps=”” desc=“Keen Once / Access to the site and doc­u­ment down­loads plus a signed copy of Debunk­ing Eco­nom­ics II” ps=“paypal” lc=”” cc=“USD” dg=“0” ns=“1” custom=“www.debtdeflation.com” ta=“0” tp=“0” tt=“D” ra=“200” rp=“1” rt=“L” rr=“BN” rrt=”” rra=“1” image=“default” output=“button” /]
 Schum­peter Once Life­time access to the site and doc­u­ment down­loads plus a signed hard­cov­er copy of Debunk­ing Eco­nom­ics II  US$500  [s2Mem­ber-Pay­Pal-But­ton level=“10” ccaps=”” desc=“Schumpeter Once / Access to the site and doc­u­ment down­loads plus a signed hard­cov­er copy of Debunk­ing Eco­nom­ics II” ps=“paypal” lc=”” cc=“USD” dg=“0” ns=“1” custom=“www.debtdeflation.com” ta=“0” tp=“0” tt=“D” ra=“500” rp=“1” rt=“L” rr=“BN” rrt=”” rra=“1” image=“default” output=“button” /]
 Min­sky Once Life­time access to the site and doc­u­ment down­loads plus a signed hard­cov­er copy of Debunk­ing Eco­nom­ics II  US$1,000  [s2Mem­ber-Pay­Pal-But­ton level=“11” ccaps=”” desc=“Minsky Once / Access to the site and doc­u­ment down­loads plus a signed hard­cov­er copy of Debunk­ing Eco­nom­ics II” ps=“paypal” lc=”” cc=“USD” dg=“0” ns=“1” custom=“www.debtdeflation.com” ta=“0” tp=“0” tt=“D” ra=“1000” rp=“1” rt=“L” rr=“BN” rrt=”” rra=“1” image=“default” output=“button” /]
 Keen­Schumpter­Min­sky Once Are you seri­ous? Let’s talk! At the very least, I’ll give a sem­i­nar to you or your com­pa­ny, wher­ev­er you’re based, and deliv­er a signed hard cov­er edi­tion of Debunk­ing Eco­nom­ics II.  US$10,000  [s2Mem­ber-Pay­Pal-But­ton level=“12” ccaps=”” desc=“KeenSchumpterMinsky Once / Are you seri­ous? Let’s talk! At the very least, I’ll give a sem­i­nar to you or your com­pa­ny, wher­ev­er you’re based, and deliv­er a signed hard cov­er edi­tion of Debunk­ing Eco­nom­ics II.” ps=“paypal” lc=”” cc=“USD” dg=“0” ns=“1” custom=“www.debtdeflation.com” ta=“0” tp=“0” tt=“D” ra=“10000” rp=“1” rt=“L” rr=“BN” rrt=”” rra=“1” image=“default” output=“button” /]

 

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I have also enabled adver­tis­ing on the site now. I will set strict stan­dards as to what can be adver­tised here–real estate, CFD adver­tis­ers and the like need not apply–but oth­er­wise if you are inter­est­ed, please con­tact me at debunking@gmail.com.

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About Steve Keen

I am Professor of Economics and Head of Economics, History and Politics at Kingston University London, and a long time critic of conventional economic thought. As well as attacking mainstream thought in Debunking Economics, I am also developing an alternative dynamic approach to economic modelling. The key issue I am tackling here is the prospect for a debt-deflation on the back of the enormous private debts accumulated globally, and our very low rate of inflation.