Saturday, March 3, 2012

Links to Economic Influences

Test post for myself. In the meantime, let me briefly give some links as to what's been influencing my mind concerning economics as of late:

Cullen Roche at Pragmatic Capitalist, as well Modern Monetary Realism (MMR) that he branched from MMT:
http://pragcap.com/
http://pragcap.com/resources/understanding-modern-monetary-system
http://monetaryrealism.com/

Dense stuff. On that same vein, some more general from Mosler et al on Modern Monetary Theory (MMT):
http://moslereconomics.com/
http://mmtwiki.org/wiki/MMT_Overview
http://www.washingtonpost.com/blogs/ezra-klein/post/you-know-the-deficit-hawks-now-meet-the-deficit-owls/2011/08/25/gIQAHsoONR_blog.html <--- the WaPost's little piece on it - not entirely accurate, but decent enough.

Steve Keen (a Post-Keynesian) and Richard Koo (a more neo-classical Keynesian) are still badass. Everyone should listen to what Koo says when he releases a note - it's prophetic!:
http://www.youtube.com/watch?v=lnwEGeMQRCs&feature=fvst (Keen)
http://www.debtdeflation.com/blogs/
http://www.youtube.com/watch?v=HaNxAzLKegU and http://www.youtube.com/watch?v=Tt3KdH1uk-c&feature=related (Koo): his general oratory.
http://www.alsosprachanalyst.com/real-estate/richard-koo-on-china-there-will-be-blood.html <--- prophecy on China's real estate bubble collapse, "There will be blood"
http://articles.marketwatch.com/2011-12-07/markets/30717491_1_japan-banks-japanese-banks-european-banks <--- prophecy on current EU crisis

I still like my old favorite neo-classical economists too, such as Paul Krugman, Joseph Stiglitz, Greg Mankiw, Ken Rogoff, etc. But I like this stuff better, as it tends to describe reality better than neo-classical theory does imo. It seems that all my reservations and confusions over neo-classical economics while I considered myself a Keynesian indeed had a nice literature of new ideas and new economists.

What say you?

Also Rob, I noticed that you used "Rational" instead of "Reason". heh, intentional or not?

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