• The New Arthurian Economics

  linked to by 1 other blogs recently

  http://newarthurianeconomics.blogspot.com/

  <big>Excessive private debt stands in the way of economic growth. <br />Our goal must be to reduce private debt.</big>

  gang8 tot

Most recent posts

• How long do we wait before calling it a trend?

  posted to The New Arthurian Economics on Tue 21st May 13

  Going up for a year now:Graph #1

• CHUCK LORRE PRODUCTIONS, #397

  posted to The New Arthurian Economics on Mon 20th May 13

  A vanity card that didn't get aired. I trimmed off Chuck Lorre's answers. Come up with your own.CHUCK LORRE PRODUCTIONS, #397CENSORED BY MEWhat does it say about us when we are simultaneously pro-life and pro AK-47's? What does it say about us when God's will

• What's missing from this picture?

  posted to The New Arthurian Economics on Mon 20th May 13

  At Economist's View Mark Thoma relays a Krugman post celebrating that there's "not a hint" of "runaway deficits" in "the new CBO numbers". Yeah. Krugman says "there are longer-term issues" to be dealt with, later. But basically he says he was right and the

Most popular posts

• Three Decades (2)

  posted to The New Arthurian Economics on Mon 8th Oct 12

  Graph #1: The Growth of Debt (blue) and Output (red), 1950-1980In the 1950s debt grew slowly, and accumulated debt (not shown) was not great. Economic growth was rapid, sometimes more rapid even that debt growth. In the 1960s this pattern continued, but debt

• Three Decades

  posted to The New Arthurian Economics on Mon 8th Oct 12

  When there is too much debt, it is necessary to reduce debt. In an environment where everything is growing, it is possible to reduce debt simply by having debt grow more slowly. This is what happened in the 1980s, after about 1986. When there is not too much

• Marcus: Debt is a "red herring"

  posted to The New Arthurian Economics on Fri 27th Jul 12

  Unbelievable. I was thrilled to read Krugman say:Second, a dramatic rise in household debt, which many of us now believe lies at the heart of our continuing depression. Why he lists it "second" I do not know. But I'm glad it's on his list and near the top.

Latest posts linking here

• Debt and Growth

  posted to Angry Bear on Thu 11th Oct 12

  Art at The New Arthurian Economics and I are looking at the relationship between debt and economic growth.  Art started with an observation of two FRED series, total credit market debt owed (TCMDO) and Gross Domestic Product (GDP,  nominal or GDPC1,

• Debt, Recession, and That Ol' Devil Denominator

  posted to Angry Bear on Thu 23rd Aug 12

  Krugman recently presented this graph, showing household debt as a percentage of GDP. and made this comment.Second, a dramatic rise in household debt, which many of us now believe lies at the heart of our continuing depression. There are those who seem to believe