Posted by sigismund on March 16, 2018, at 19:19:20
In reply to Re: Hi there friends, posted by baseball55 on March 15, 2018, at 18:03:03
> I'm a professor
I knew you taught, and I assumed economics.
My son and I have tried reading Varoufakis and now Mark Blyth together, with only modest success. My niece was studying economics in Sydney and had Varoufakis as a lecturer. He booted them off the trendy stuff and made them go back to the beginning.
Recently my son bought a house in Wellington, NZ, and I assumed the enormous price was a consequence of asset price inflation from QE and therefore a tax on the bailout. It is interesting how things can disappear. I recall a graph of house prices where the adjusted value did not change much between the high of the 1920s until the late 50s. We assume what is happening now is permanent.
poster:sigismund
thread:1097312
URL: http://www.dr-bob.org/babble/social/20180212/msgs/1097387.html