Posts with Comments by valuethinker

Tracking economists’ consensus on money illusion, as a proxy for Keynesianism

  • 1. Dean Baker at the Centre for Economic Policy has been calling for a housing slump since at least 2001, with good quantitative backup. 
     
    2. arguably so has Wynne Godley at Bard Institute (although more focused on the international adjustment) 
     
    3. Calculated Risk is a housing economist (an ex CFO/ CEO of a tech company). He's been around since at least 2004 
     
    4. Andrew Oswald at Warwick University had been writing newspaper columns calling for a housing slump since at least 2002. In fact, when in 2006 UK housing prices kept going up, he pulled from all public commentary. 
     
    5. There is, of course, the Economist which has been calling the housing bubble since at least 2002. 
     
    So 1 and 4 are academic economists at the very least.
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