How The Economic Machine Works

Ray Dalio
Bridgewater Associates, 2013
Level: beginner
Perspective: Post-Keynesian Economics
Topic: Crises, Money & Debt
Format: Explainer Video
Duration: 00:30:59
Link: https://www.youtube.com/watch?v=PHe0bXAIuk0
The author identifies three principal economic phenomena, which are explained: long run productivity growth as the central driver of increasing economic activity, short-term and long-term debt cycles. The latter two are explained to some detailed with reference to money creation, central banking and long term crisis tendencies. With regards to the long run debt cycle, which leads into deleveraging and recession, some policy measures which can smoothen the crisis are discussed.

Go to: How The Economic Machine Works

Tags: business cycle | central bank | credit | crisis | debt | deflation | inflation | money | productivity | recession
Eine Paneldiskussion der Online-Konferenz "Next Generation Central Banking", die im Rahmen des Projekts "Transformative Responses" von Finanzwende und in Kooperation mit der Heinrich-Böll Stiftung organisiert wurde.
2021
Level: beginner
NextGen Central Banking: Die Rolle der Zentralbanken in der sozial-ökologischen Transformation
Finanzwende e.V. & Heinrich-Böll-Stiftung, Claudia Buch (Vice President Bundesbank), Adam Tooze (Columbia University), Daniel Stelter (Beyond the Obvious) & Michael Peters (Finanzwende)
Transformative Responses, Heinrich-Böll-Foundation & Finanzwende
Keynesianische Ökonomen kritisieren die angebotsorientierte Deutung der Krise. Sie argumentieren, dass die Exportdefizite heutiger Krisenländer die Kehrseite einer schwachen Binnennachfrage in einer Reihe von Ländern im "Zentrum" der Eurozone sind.
2017
Level: beginner
Die keynesianische Interpretation der Eurokrise | bpb
Till van Treeck
Bundeszentrale für politische Bildung
This study aims to provide insights on how the Social and Solidarity Economy (SSE) is contributing to the future of work.
2019
Level: beginner
The Contribution of the Social and Solidarity Economy and Social Finance to the Future of Work
Bénédicte Fonteneau & Ignace Pollet
International Labour Organization
To celebrate the forthcoming book, "A brief history of Economic Thought: From the Mercantilists to the Post-Keynesians", edited by Louis-Philippe Rochon and Hassan Bougrine (Edward Elgar), Louis-Philippe Rochon sat down with celebrated author and scholar Sergio Rossi to discuss his contribution "Milton Friedman and the Monetarist School".
2022
Level: beginner
A Video-Chat with Sergio Rossi: Milton Friedman and the Monetarist School
Louis-Philippe Rochon Sergio Rossi
lprochon2003, Youtube

Donate

This project is brought to you by the Network for Pluralist Economics (Netzwerk Plurale Ökonomik e.V.).  It is committed to diversity and independence and is dependent on donations from people like you. Regular or one-off donations would be greatly appreciated.

 

Donate