Tags » Minsky

Free money in offshore and Hoyle’s Fallacy...

During a boom, the expansion of debt-financed investment spending causes initial “robust” financial structures to evolve into “fragile” financial structures, and it is this evolution that ultimately brings the expansion to an end.

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Frozen coins


Its cost of ‘production’ or mining can only go up because of the nature of the 21 million cap.

When the cost of mining exceeds bitcoin’s price, miners will shut down. 37 more words


Bitcoin and bubble gum

Taleb is right, and Bitcoin is no bubble.

Maybe it’s gum.

A “bubble” becomes a bubble when you run out of nonbankrupt people calling it a bubble. 158 more words


What next, after 2008? A book review

Mervyn King (The End of Alchemy, W. W. Norton, 2016) has a message. We are not safe. The economics profession has failed us. So have the economic policy makers of the US, Germany, China, and Europe. 1,261 more words

Books And Authors

Thanks, I needed that.

Seasons change with the scenery
Weaving time in a tapestry

I was surprised.

I was just eating lunch by myself in the cafeteria.  I am attentive, not expressive, kind of guy… 870 more words


Keynes, Minsky and Financial Crises in Emerging Markets

Keynes, Minsky and Financial Crises in Emerging Markets

One of the most important, yet perhaps still under-appreciated lessons of the global financial crisis of 2007-09 concerns the role that academic economics plays in today’s society and politics. 45 more words


Great Exepectations and Asset Values in The New Offshore...

“Suffering has been stronger than all other teaching, and has taught me to understand what your heart used to be. I have been bent and broken, but – I hope – into a better shape.”

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