New Jeff Parker: two compositions in which minimalism, groove, and collective improvisation build a hypnotic tension. Music as a slow voyage.
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The development of SFC modelling represents an effort of post-Keynesians at the beginning of the 2000s to systematize and reaffirm Keynesian macroeconomics.
In comparison with the dominant NK-DSGE framework, the difference is not merely technical, but lies in the fundamental
Minsky is significant because he demonstrates that financial fragility need not arise only after an external shock. It can emerge during the phase of stability itself through credit expansion, the growth of FX liabilities, reliance on external funding, currency clauses,