Steve Keen

Three irrefutable statements:
- The employment rate will rise if economic growth exceeds the sum of population growth and growth in labor productivity
- The wages share of output will rise if money wage demands exceed the sum of inflation and growth in labor productivity
- The private debt to GDP ratio will rise if the rate of growth of private debt exceeds the sum of inflation plus the rate of economic growth
52 Uppdaterad 2016-11-15