Fiebiger, Brett - In: European Journal of Economics and Economic Policies: … 14 (2017) 3, pp. 296-313
debates. Under the rubric of preventing 'financial imbalances', and concerned with the 'illusory' nature of demand management … consistent with a long-run 'financial equilibrium' for the private non-financial sector. The fuzzy concept of 'financial … imbalances' plays a similar role to that of 'forced saving' in the Old Austrian School framework. Incredibly, the institutional …