Explanation of structural capital

Austrian vs. Keynesian economics  February 29, 2012 – 01:23 pm
Pictures


Watch the full 28-minute video at In this video Juan Ramón Rallo, economist and university professor in Madrid, and Alasdair Macleod of the GoldMoney Foundation talk about Austrian and Keynesian economics. Rallo sees growing interest in the teachings of Austrian economics, because it’s the only school that provides a theory of the business cycle in relation to monetary phenomena. Keynesian economics on the other hand fails to see the heterogeneity of the economy when talking about aggregate demand. Furthermore printing money and issuing new debt won’t solve structural problems of misallocation of capital. Talking about real estate, Rallo points out that in the US the housing market has more or less bottomed, while in Spain prices still have further to fall. We have reached a point of debt saturation with people wanting to deleverage. Adhering to Keynesian thought, the government steps in to force more debt upon the people in order to stabilise the system. This interview was recorded on November 15 2011 in Madrid.

Source: Utah Mortgage

Aspen Publishers Examples & Explanations: Intellectual Property, Fourth Edition
Book (Aspen Publishers)

You might also like:

China Macroeconomic Trends - Michael Kurtz
China Macroeconomic Trends - Michael Kurtz
China wants to slow down - NHK special
China wants to slow down - NHK special
Illinois Gov. Quinn Announces Capital Improvements
Illinois Gov. Quinn Announces Capital Improvements

That's awfully short-sighted of you

I quote:
"Prop 55 is what billion-dollar bond measures are supposed to be for: building schools, or bridges, or other worthy onetime capital projects. Unfortunately, voters March 2 may be reluctant to approve two bond measures, so a prop to repair and upgrade crumbling schools may fall victim to Gov. Schwarzenegger's deficit bailout (Prop 57).
"That would be a mistake. CA sch...l amendment that requires the legislature to adopt a balanced budget and creates a healthy reserve fund as a part of the budget process. But it's directly linked to Prop. 57, which can only take effect if Prop. 58 passes. Together they represent Schwarzenegger's proposal for solving the budget crisis-–and together they're an impediment to real tax reform. Vote no."
SF Bay Guardian, 2/18/04

Significant amendments to the North Carolina Beer Franchise Law  — Lexology
The bill strengthens the definition of “brand” as pertains to beer, by codifying the definition that currently exists in the North Carolina Administrative Code, 4 NCAC 2T.0103, within the statutes of the Beer Franchise Law. The codification of this …

Wolters Kluwer Law & Business Intellectual Property: Examples & Explanations, Third Edition
Book (Wolters Kluwer Law & Business)
05. Building Up - Columns and Buckling
05. Building Up - Columns and Buckling
Saflok Steel Structure Fall Arrest System
Saflok Steel Structure Fall Arrest System
Credit An Interesting India PE Strategy : Nirav Kachalia, Morgan Creek Capital Management
Credit An Interesting India PE Strategy : Nirav Kachalia, Morgan Creek Capital Management

Related posts:

  1. Explanation of financial capital
  2. Acquisition of structural capital
  3. Evaluation of structural capital
  4. Explain structural capital