15 EasyMinskyPieces http://www.debtdeflation.com/blogs/2013/08/14/15-easy–minsky–pieces/#utm_source=feed&utm_medium=feed&utm_campaign=feed Dr. RussellStandish and I have been working on Minsky now for almost two years now–ever since we received the $125K from INET’sSpring 2011 grantround: Russell as builder (coding in C++ and Tcl/Tk) and me as architect (playing with each release, spotting bugs and suggesting features). It’s been a part-time endeavor: Russell, as a contract programmer, has to keep more than one iron … Seguir leyendo 15 Easy Minsky Pieces

Europa ante la inmigración (4/5): El mensaje de Austria a los refugiados: calladitos u osdeportamos | Presseurop.eu: actualidad europea, viñetas y revistas de prensa http://feedly.com/k/13A4PzB shared via http://feedly.com Seguir leyendo Europa ante la inmigración (4/5): El mensaje de Austria a los refugiados: calladitos u os deportamos | Presseur op.eu: actualidad europea, viñetas y revistas de prensa

Recap: Euro ZoneReturnstoGrowth http://feedly.com/k/18uMV4G shared via http://feedly.com Seguir leyendo Recap: Euro Zone Returns to Growth

A lo largo del 2013 muchas empresas estadounidenses han decidido adquirir otras en Irlanda para, tras la fusión, poder ubicar su cuartel general en el Tigre Celta, donde reina un clima fiscal mucho más relajado que el que plantea Washington. Perrigo es una farmacéutica de Michigan que acaba de adquirir una biotecnológica irlandesa llamada Elan. Esta operación va a permitir que Perrigo traslade su cuartel … Seguir leyendo Las empresas estadounidenses aterrizan en Irlanda huyendo de los impuestos de Washington

GreekIslandOfSantoriniIsWithoutElectricity http://feedly.com/k/17n9o2B The Greekovery (where a -4.6% GDP collapse is seen as positive) may be televized, but sadly it will not be electrified. FromAFP: The Greek island of Santorini, one of the country’s premier travel destinations, was hit with a sweeping power shortage on Tuesday after a fire at the island’s main electricity plant, officials said. "Theislandiswithoutelectricity," said a source at the Public Power Corporation, … Seguir leyendo Greek Island Of Santorini Is Without Electricity

PicturingTheDis-UnitedStatesOfEurope http://feedly.com/k/17n9dnZ With calls for a European renaissance and a general belief in stability through the German elections, it is perhaps worth a reminder of the structural problems that the supposedly bottoming union is facing. Nowhere is that single monetary policy-facing dilemma more evident than in the massiveeconomicgrowthdivergencesacrosstheEUnationsandthecurrenthuge gap inunemploymentrates from Greece to Austria and beyond. It seems the world is waiting for Merkel’s re-election … Seguir leyendo Picturing The Dis-United States Of Europe

China’s $1 TrillionGDPLie http://feedly.com/k/17n96Zn From goal-seeked GDP, manipulated inflation, liquidity-flow-exaggerated trade data, and hidden (and divergent) PMI details, thequestionoftheunreliabilityofChinese data isnot a new one. However, anecdotes aside, a new study from Peking University finds, conservatively, correcting for housing price inflation in the Chinese CPI data adds approximately 1% to annual consumer price inflation in China, reducing real GDPby 8-12% or more than $1 trillion. HowBadlyFlawedIsChineseEconomic … Seguir leyendo China’s $1 Trillion GDP Lie

ThatFriedrichvonHayekWasNotConsistentorCoherentDoesNotRedoundtoHisBenefit: Daniel KuehnSmacksDownLarryWhite http://feedly.com/k/18s1Ht2 I have always thought that stable MV is, while not as bad as liquidationism, also a batshit-insane macroeconomic doctrine: it calls for the overall price level to fall at a rate equal to the sum of population and productivity growth. In the real world we live in, why would anybody want that? Daniel Kuehn: Facts & otherstubbornthings: Hayeksaidliquidationistthingsand he saidstable nominal … Seguir leyendo That Friedrich von Hayek Was Not Consistent or Coherent Does Not Redound to His Benefit: Daniel Kuehn Smacks Down Larry White

Investorseuphoric as USmargindebtreaches ‘danger’ levels http://feedly.com/k/1d4kYnL Fund managers are around the world are gripped by euphoria, convinced that America is in full recovery and Europe has overcome its debt crisis. shared via http://feedly.com Seguir leyendo Investors euphoric as US margin debt reaches ‘danger’ levels

SynthesisLost – NYTimes.com http://feedly.com/k/19eAWt4 shared via http://feedly.com Seguir leyendo Synthesis Lost – NYTimes.com