More Debt = Lower Unemployment? This is the video in question: These are the numbers I am looking at: History of the US Public Debt History of US Unemployment Related Posts:Why Minsky Matters, Part 3 (Amagi Podcast @ Think Liberty, Ep.21)Impending Economic DOOM (Amagi Podcast @ Think Liberty Episode 8)Bonds Don’t Lie; Thoughts on Sovereign Debt Investments; And Who’s To Blame for the Financial CrisisWhat Should “We” Do About Unemployment Due To Technological InnovationUnemployment Rises to 17.1 PercentWhy Are You Unemployed?James Galbraith’s “Wisdom” on the DeficitFederal Deficit Hits April Record; 4 Times Higher Than April ’09; Where’s the Recovery?Supply, Demand, Unemployment, and NonsenseGovernment Spending Fails To Create Jobs – Economists Confused As Always
Nima, You might want to take a look at US Private Debt in comparison to US Public Debt. http://newarthurianeconomics.blogspot.com/2010/11/its-not-what-you-thought.html Art
Yup, I have actually done so many times: http://www.economicsjunkie.com/deflation-or-inflation-is-public-credit-setting-off-contration-in-private-credit/ Best, Nima
Nima,
You might want to take a look at US Private Debt in comparison to US Public Debt.
http://newarthurianeconomics.blogspot.com/2010/11/its-not-what-you-thought.html
Art
Yup, I have actually done so many times: http://www.economicsjunkie.com/deflation-or-inflation-is-public-credit-setting-off-contration-in-private-credit/
Best,
Nima