—- Downward’sPricingTheoryin Post-KeynesianEconomics , Chapter 1 // Social Democracyforthe 21st Century: A Post KeynesianPerspective Paul Downward’s PricingTheoryin Post-KeynesianEconomics: A RealistApproach (Cheltenham, UK, 1999) is the second of two 1990s studies of Post Keynesian price theory. Frederic Lee’s Post KeynesianPriceTheory (Cambridge, 1998) was the first. I will provide a chapter by chapter summary of this book intheway I didforLee’sstudy (as can be readhere) In Chapter 1 … Seguir leyendo Downward’s Pricing Theory in Post-Keynesian Economics , Chapter 1

—- JapanUnveilsItsWorstCurrentAccountDeficitEver // ZeroHedge Any day, month, quarter, year, decade now; Goldman Sachs’ mythical J-Curve will arise from the cinder-strewn ashes of Japan’s current account. Japanese bond markets are rallying and JPY is weakening modestly after Abe’s increasingly disapproved-of government announced the worst balance ofpaymentscurrentaccountdeficitonrecord. At JPY -592bn vs expectations of JPY -36bbn and its 5th miss in the last 7 months as economists and … Seguir leyendo Japan Unveils Its Worst Current Account Deficit Ever

—- LuxurycarsdriveUKexportsto China // AmbroseEvans–Pritchard – Financeandbusinesscomments Sales of Range Rovers see Britain’s exports to second-biggest economy set to overtake France’s —- Shared via myfeedlyreader Seguir leyendo Luxury cars drive UK exports to China

Can Chile Reformthe Neoliberal Model? http://feedly.com/k/1doMAqj Reader Timotheus wrote: I attach an article that I thought might be of interest to NC readers. It is not particularly unique in its analysis, but Chile (where I lived for many years) is often a social laboratory that gives us an advance view of what is coming down the road. We know that Thatcher (1979) and Reagan (1981) … Seguir leyendo Can Chile Reform the Neoliberal Model?

FrenchFirstGirlfriendHospitalizedAfterFrancoisHollandeAffairWithActressExposed http://feedly.com/k/1m1jkoO When it comes to socialism, the world’s premier promoter of egalite– France’s Francois Hollande – is very aware that in a socialist utopia, no property is private. Hence everything can be shared, such as actress Julie Gayet with whom it was revealed last week he had an affair. The problem is that the First Lady, er, Girlfriend of France, Valerie Trierweiler, 48, did … Seguir leyendo French First Girlfriend Hospitalized After Francois Hollande Affair With Actress Exposed

BitcoinATMs Are ComingTo New YorkCity http://feedly.com/k/KXXass With over 1,000 new merchantsadoptingBitcoineveryweek, it is perhaps not surprising that, as NY Post reports, the first Bitcoin ATM is about to debut in New York City. Following success inCanada and Europe, Brooklyn native Willard Ling, 30, is set to introduce the firstbitcoinATMto New YorkCityattheEastVillagebubble tea shop ‘JustSweet’. State regulators with the Department of Financial Services are expected to … Seguir leyendo Bitcoin ATMs Are Coming To New York City

FinancialTiki-Taka: UglySideofthe ‘BeautifulGame’ inSpain http://feedly.com/k/1cSGVpC By Don Quijones: On the surface and on the pitch, Spanish football has never been better. The national team of once-perpetual underachievers has won two European Championships and one World Cup in the last six years, a feat unmatched by any other European nation. shared via http://feedly.com Seguir leyendo Financial Tiki-Taka: Ugly Side of the ‘Beautiful Game’ in Spain