The ‘Institute for New Economic Thinking’ held an interesting conference in Berlin during the past few days with some very informative presentations. I would suggest going through Steve Keen’s favorite presentations list and the presentations of the ‘Is Mercantilism Doomed to Fail? China, Germany, and Japan and the Exhaustion of Debtor Countries‘ session.
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16 Απριλίου, 2012 στις 18:00
Mindkaiser
Very sound presentation. Keen is an inspired economist, who doesn’t deserve the derogatory remarks he recieves from the mainstream schools of thought. Unfortunately, over the last few centuries, debate amongst economists resembles a subtle version of the Jerry Springer show.
I was also very surprised to see Yanis Varoufakis’s presentation on his list of favorites. I always thought the two of them as being motivated by a very diverse set of topics.
16 Απριλίου, 2012 στις 18:10
kkalev
I also hadn’t seen any mention of Varoufakis by Keen up to the INET conference. In any case, both his presentation as well as the rest on Keen’s list were excellent, although a few of the speakers should have rehearsed them at least once. The only problem is that my papers to-read list never seems to shrink, especially after such conferences 🙂
19 Απριλίου, 2012 στις 14:33
Mindkaiser
Because I know you like Koo’s perspective. Here’s some criticism:
http://seekingalpha.com/article/509201-why-richard-koo-s-idea-won-t-save-the-eurozone
Btw, seekingalpha is a very interesting site. Don’t know if you’re currently following it, just saying… 😉
19 Απριλίου, 2012 στις 15:10
kkalev
I loved Koo’s book on Japanese Balance Sheet Recession and his analytical examination of the macro-economic situtation. Nevertheless, he is still a neo-classical economist and that fact shows up in his views sometimes. I ‘m in agreement with the article’s author. What is needed is Eurobonds and deeper federal mechanisms (or a break-up of the Euro), not capital controls inside a dinfuctioning Eurozone money market.