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Rediscovering Minsky's wheel, one pundit at a time | 77 comments (77 topical, editorial, 0 hidden)
Re: Minsky's students - MMT theorists (4.00 / 2)
I was being ironic.  I joked privately with Professor Black that the Irish had a long tradition of sending aid workers to the third world espousing progressive economics, intermediate technology, small is beautiful type community development projects whilst Ireland did exactly the opposite at home.  Listening to US economists espousing policies for Ireland totally at odds with the US mainstream had a similar feel to it in reverse.

More seriously, I do think it important the Ireland builds alliances with progressive German economists if we can find any and was disappointed none had been found/invited.

Index of Frank's Diaries

by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Mon May 9th, 2011 at 06:58:56 PM EST
[ Parent ]
Re: Minsky's students - MMT theorists (4.00 / 4)
There are a few sane German economists:
Lucas Zeise, in his column in FT Deutschland, says the outbreak of lies is the best metric for the pending break-up of the eurozone. He recalls various currency crises from the 1970s and 1980s, in which officials also lied that nothing would happen, until it happened. Zeise says two necessary conditions to avoid a break-up are the acceptance of a transfer union, financed, for example, by a tax on exporters, and the tolerance of large wage increases in northern European countries.
(Eurointelligence)

Sane outfits appear to include Die Zeit and its Herdentrieb Blog, most FT Deutschland columnists... Eurointelligence...

Economics is politics by other means

by Carrie (migeru at eurotrib dot com) on Tue May 10th, 2011 at 04:22:11 AM EST
[ Parent ]
Re: Minsky's students - MMT theorists (none / 1)
It has been some time since I've read Die Zeit, but I as I remember it the sanity is strongly concentrated in Herdentrieb.
by generic on Tue May 10th, 2011 at 07:07:38 AM EST
[ Parent ]
Re: Minsky's students - MMT theorists (none / 1)
They did publish an article on Wörgl at the end of last year...

Economics is politics by other means
by Carrie (migeru at eurotrib dot com) on Tue May 10th, 2011 at 08:05:40 AM EST
[ Parent ]
Re: Minsky's students - MMT theorists (none / 0)
Fair enough. It was more their phase of pro Atlantic warmongering rather than their economics that made me drop them. Don't know if that is still going on.
by generic on Tue May 10th, 2011 at 08:48:41 AM EST
[ Parent ]

Rediscovering Minsky's wheel, one pundit at a time | 77 comments (77 topical, 0 editorial, 0 hidden)
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