A low volume, high quality source from the demand side perspective. The podcast is produced weekly. A transcript is posted on the day of. Wednesday, March 19, 2014. Today on the podcast, a test. Subscribe to the Podcast in iTunes.

A working site for research and writing on the thinkers who developed the system that works. Sunday, October 25, 2009. A Demand Side Lineage - Draft. John Maynard Keynes and the Great Depression. Leon Keyserling, the New Deal and the Postwar Prosperity. One of the draftsmen of the New Deal and one of the architects of the full employment that followed the war was little-known economist Leon Keyserling. John Kenneth Galbraith and the rise of the corporate state.

This chart means a revolution in the way we think about productivity. Multifactor Productivity Explained and the Rule of 8. I must say that when I first saw the trendlines on the Excel chart, I was amazed. Having allowed reality to settle in this way, I returned to the chart, but it had not changed. It still seems a bit improbable.

In India and China, food price rises are rampant. We have argued that this is a worldwide financial bubble due to speculation in financial markets on commodities, via index traded funds and other market instruments. This is the same experience as the first half of 2008. But this is not the whole story. Food and energy price spikes are also due to the ability of some of the population to pay the higher prices.

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