Sevgili @BarkinCihanli ile Türkiye'deki fon krizini @MonetaryBlog için yazdık.
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Our blog entry analyzes the recent fund crisis in Türkiye:
https://t.co/AKw6a1xfzA
Paradox of tranquillity (Minsky): Overconfidence leads to speculative borrowing and then to overpricing of assets which later ends up in decline in asset prices when it is noticed that the firm is excessively indebted..
I wrote a letter to the editor about the risks associated with Iceland being a Eurozone and EU member almost a decade ago. It is relieving to see that my advice has been relevant.
You can find the letter to the editor here in this link: https://t.co/UEA0zW7a2s
İçinde bütün iktisadi kavramların post-Keynesyen açıklamalarının olduğu, benim de 'Tekel gücü' bölümüyle katkı sunduğum Post-Keynesyen İktisat Ansiklopedisi'nin Türkçe tercümesi çıktı..
I feel grateful to announce the publication of my latest article and the second chapter of my dissertation: "An Empirical Analysis of the US Economy through the lens of Financial Instability Hypothesis." https://t.co/sujI1BCAOk.
"Stability leads to instability. The more stable things become and the longer things are stable, the more unstable they will be when the crisis hits."
-Hyman Minsky
The longer I work in psychiatry, the more & more I'm reminded that poverty is one of the most harmful factors (if not the most harmful factor) affecting peoples' mental health.
Tough math teachers get lower ratings from students, because students like them less. However, students get better grades with the tough teachers than with laxer teachers. Reason #167 why student evaluations of teaching aren’t particularly useful.
[Link below.]
From 2020-2022: US Debt +$7T | Inflation @ 8.9%
From 2022-2024: US Debt +$6T | Inflation @ 2.7%
It's almost like there was a massive supply shock that caused inflation that was stabilized by a fiscal response that induced investment by increasing profits & fixed supply issues.
Come and train in the approach and methods of renowned economists and Levy Institute distinguished scholars Hy Minsky and Wynne Godley.
Now accepting applications for @LevyEcon MA/MS programs.
https://t.co/us3we9FeaY