Punkonomics (@DearBalak)

http://www.tandfonline.com/doi/abs/10.1080/01603477.2015.1075358#/doi/abs/10.1080/01603477.2015.1075358

Hyman Minsky’s interpretation of Donald Trump

Kevin W. Capehart

Journal of Post Keynesian Economics

Volume 38, Issue 3, 2015, pages 477- 492
Published online: 23 Dec 2015

DOI: 10.1080/01603477.2015.1075358

Abstract

Hyman Minsky’s interpretation of The General Theoryby John Maynard Keynes has received renewed attention in recent years. This article draws attention to Minsky’s interpretation of another book by another author: The Art of the Deal by Donald Trump. The article begins by summarizing Trump’s interpretation of himself in his book. In Trump’s interpretation, he was an artist when it came to making deals, and appreciation in the value of his assets was proof of his deal-making artistry. Next, the article summarizes Minsky’s interpretation of Trump. In Minsky’s interpretation, Trump’s deal-making artistry was predicated on appreciation in the value of his assets because of the fragility of his financing. To conclude, the article argues that Minsky’s interpretation of The Art of the Deal is a point of entry into his body of work.

Keywords: Donald Trump, Hyman Minsky, Ponzi financing

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https://theintercept.com/2016/03/18/brazil-is-engulfed-by-ruling-class-corruption-and-a-dangerous-subversion-of-democracy/

http://www.cnn.com/2016/03/18/politics/bernie-sanders-aipac-speaking/index.html

Rollins College Debate Team & Faculty Present:

American Colleges and Universities should Prefer Freedom of Speech over Racially Sensitive Speech

Just a little glimpse at how rotten the Clintons are:

In recent weeks, the mainstream U.S. media has begun to address a problem that Haitians have raised for years: that Hillary Clinton and her husband Bill have a terrible track-record in Haiti, where they have meddled in elections, misdirected earthquake reconstruction funds, and undermined Haitian sovereignty.

Source: Clinton, Haiti, and WikiLeaks