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Ignoring the role of private debt in an economy is like driving without accounting for your blind-spot

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image for OpenScout resource :: Ignoring the role of private debt in an economy is like
driving without accounting for your blind-spot

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Steve Keen argues that neoclassical economists have a blind-spot when it comes to the role of private debt in macroeconomics. They should be worried by the incredibly high UK levels and be seeking ways to avoid the next crash.

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en

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application/pdf

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http://eprints.lse.ac.uk/43792/1/blogs.lse.ac.uk-Ignoring_the_role_of_private_debt_in_an_economy_is_like_driving_without_accounting_for_your_blindspot.pdf

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