Bailing out the Titanic with a Thimble

Economic Analysis and Policy

Volumn 39, Issue 1, 2009, Pages 3-24

  Keen, Steve ^a  

^a UNIVERSITY OF WESTERN SYDNEY   (Australia)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 70149111640     PISSN: 03135926     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0313-5926(09)50052-5     Document Type: Article

References (46)

1. Bernanke B. The Macroeconomics of the Great Depression: A Comparative Approach. Journal of Money, Credit, and Banking 1995, 27:1-28.
2. Bernanke, B. (2002A). Remarks by Governor Ben S. Bernanke At the Conference to Honor Milton Friedman, University of Chicago, Chicago, Illinois November 8, 2002 On Milton Friedman's Ninetieth Birthday (http://www.federalreserve.gov/boarddocs/speeches/2002/20021108/default.htm)
3. Bernanke, B. (2002B). (Remarks by Governor Ben S. Bernanke Before the National Economists Club, Washington, D.C., November 21, 2002, 'Deflation: Making Sure 'It' Doesn't Happen Here, http://www.federalreserve.gov/boardDocs/speeches/2002/20021121/default.htm).
4. Bernanke B., Gertler M. Quantitative Policy Implications Of New Normative Macroeconomic Research: Should Central Banks Respond To Movements In Asset Prices? 2001, 253-257. AEA Papers And Proceedings.
5. Chapman B., Keen S. Hic Rhodus, Hic Salta!. Profit in a dynamic model of the Monetary Circuit, Storia del Pensiero Economico 2006, 2-2006:139-156.
6. Cotis J.P. Editorial: Achieving Further Rebalancing. OECD Economic Outlook 2007, 81:7-9. OECD Chief Economist.
7. Godley W., Lavoie M. Monetary Economics: An Integrated Approach to Credit, Money, Income, Production and Wealthh 2007, Palgrave Macmillan, New York.
8. Fisher, C. and C. Kent (1999). Two Depressions, One Banking Collapse, Reserve Bank of Australia Research Discussion Papers, RDP1999-06, http://www.rba.gov.au/PublicationsAndResearch/RDP/RDP1999-06.html
9. Fisher I. The debt-deflation theory of great depressions. Econometrica 1933, 1:337-357.
10. Forstater, M. and L.R. Wray (2008). In: (eds.) Keynes for the Twenty-First Century: The Continuing Relevance of the General Theory. New York: Palgrave Macmillan.
11. Friedman M., Schwartz A.J. Monetary History of the United States, 1867-1960 1971, Princeton University Press, Princeton.
12. Graziani A. (1989). The Theory of the Monetary Circuit, Thames Papers in Political Economy, Spring, pp. 1-26. Reprinted in: (eds.) M. Musella and C. Panico (1995), The Money Supply in the Economic Process. Aldershot: Edward Elgar.
13. Keen S. Finance and economic breakdown: modelling Minsky's Financial Instability Hypothesis. Journal of Post Keynesian Economics 1995, 17:607-635.
14. Keen S. The nonlinear dynamics of debt deflation. Complexity International 1999, 6.
15. Keen S. The nonlinear economics of debt deflation. Commerce, Complexity and Evolution 2000, 83-110. W. Barnett, C. Chiarella, S. Keen, R. Marks, H. Schnabl (Eds.).
16. Keen S. Keynes's 'revolving fund of finance' and transactions in the Circuit. The 60th Anniversary of Keynes's General Theory 2008, Edward Elgar, Aldershot. R. Wray (Ed.).
17. Keen S. The non-conservation of money. Physica A 2009, forthcoming.
18. Kregel J.A. Aspects of a Post Keynesian Theory of Finance. Journal of Post Keynesian Economics 1998, 21:111-133.
19. Kydland F.E., Prescott E.C. Business Cycles: Real Facts and a Monetary Myth. Federal Reserve Bank of Minneapolis Quarterly Review 1999, 23:25-31.
20. Minsky H. Financial Model Building and Federal Reserve Policy: Discussion. Journal of Finance. 1969, 24:295-297.
21. Minsky H. The Financial Instability Hypothesis: An Interpretation of Keynes and an Alternative to 'Standard' Theory. Nebraska Journal of Economics and Business 1977, 16:5-16.
22. Minsky H. Capitalist Financial Processes and the Instability of Capitalism. Journal of Economic Issues 1980, 14:505-523.
23. Minsky H. Money, Financial Markets, and the Coherence of a Market Economy. Journal of Post Keynesian Economics 1980, 3:21-31.
24. Minsky H. Can 'It' Happen Again? A Reprise. Challenge 1982, 25:5-13.
25. Minsky H. Money and the Lender of Last Resort. Challenge 1985, 28:12-18.
26. Minsky H. The Legacy of Keynes. Journal of Economic Education 1985, 16:5-15.
27. Minsky H. The Evolution of Financial Institutions and the Performance of the Economy. Journal of Economic Issues 1986, 20:345-353.
28. Minsky H. Economic Implications of Extraordinary Movements in Stock Prices: Comments. Brookings Papers on Economic Activity 1989, 1989:173-182.
29. Minsky H. Financial Factors in the Economics of Capitalism. Journal of Financial Services Research 1995, 9:197-208.
30. Minsky H. Financial Markets and Economic Instability, 1965-1980. Nebraska, Journal of Economics and Business 1995, 20:5-16.
31. Minsky H. Longer Waves in Financial Relations: Financial Factors in the More Severe Depressions II. Journal of Economic Issues 1995, 29:83-96.
32. Minsky H. Back from the Brink. Challenge 1998, 31:22-28.
33. Moore B.J. The Endogenous Money Stock. Journal of Post Keynesian Economics 1979, 2:49-70.
34. Moore B.J. Unpacking the Post Keynesian Black Box: Bank Lending and the Money Supply. Journal of Post Keynesian Economics 1983, 5:537-556.
35. Moore B.J. Unpacking the Post-Keynesian Black Box: Wages, Bank Lending and the Money Supply. Post-Keynesian monetary economics: New approaches to financial modeling 1988, 122-151. Edward Elgar, Aldershot. P. Arestis (Ed.).
36. Moore B.J. A Simple Model of Bank Intermediation. Journal of Post Keynesian Economics 1989, 12:10-28.
37. Moore B.J. The Demise of the Keynesian Multiplier: A Reply to Cottrell. Journal of Post Keynesian Economics 1994, 17:121-133.
38. Moore B.J. Unpacking the Post Keynesian Black Box: Bank Lending and the Money Supply. The money supply in the economic process: A post Keynesian perspective 1995, 365-384. Edward Elgar, Aldershot. M. Musella, C. Panico (Eds.).
39. O'Brien Y.C. Reserve requirement systems in OECD countries. Finance and Economics Discussion Series 2007, 2007-54.
40. Palley T.I. Keynesian Models of Deflation and Depression Revisited. Journal of Economic Behavior and Organization 2008, 68:167-177.
41. Papadimitriou D.B., Wray L.R. The Economic Contributions of Hyman Minsky: Varieties of Capitalism and Institutional Reform. Review of Political Economy 1998, 10:199-225.
42. Tymoigne E. A Hard-Nosed Look at Worsening U.S. Household Finance. Challenge 2007, 50:88-111.
43. Tymoigne E. Improving Financial Stability: Uncertainty versus Imperfection. Journal of Economic Issues 2007, 41:503-510.
44. Tymoigne E., Wray L.R. Money: An Alternative Story. A Handbook of Alternative Monetary Economics 2006, 1-16. Edward Elgar Publishers, Cheltenham. P. Arestis, M. Sawyer (Eds.).
45. Wray L.R. A Post Keynesian View of Central Bank Independence Policy Targets, and the Rules versus Discretion Debate. Journal of Post Keynesian Economics 2007, 30:119-141.
46. Zuckoff M. Ponzi's Scheme: The True Story of a Financial Legend 2005, Random House, New York.