Thursday, September 9, 2010

Steve Keen

Thanks to an old friend from high school (thanks John!), I have found another source of great economic information. This is not easy, as much that is out there is very "surface" and many economists that are in the employ of large financial institutions or the government have a vested interest in not digging deeper, especially if the truth that lies underneath the headlines is hard to stomach.

Mr. Keen seems an exception to this. He has done rigorous analysis on the very questions I have been pondering, such as how GDP has been debt driven for the past decade or so, and what the effects of that on future growth (or contraction in this case) will be.

One of the things I do on this blog is try to make economics understandable to the regular person out there, so I tend to use simpler language and not too much empirical data.

However, if you want the data to back up what I have been saying...you can get it on Keen's site.

http://www.debtdeflation.com/blogs


Happy reading!

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