Kapeller, Jakob; Schütz, Bernhard - In: Journal of Post Keynesian Economics 36 (2014) 4, pp. 781-814
This article reflects on the economic development leading to the recent crisis and interprets this development as a series of events within a Minsky-Veblen cycle. To illustrate this claim we introduce conspicuous consumption concerns, as described by Veblen, into a stock-flow-consistent post...