Richard Koo on Europe, the US, and Japan

Richard Koo (Chief Economist at the Nomura Research Institute, Ltd.) gives a talk here at the Foreign Press Center (Japan) on the “Rebuilding of the European and US Economy and Japan” (January 19, 2012).

Richard Koo’s work on asset bubbles, debt deflation and balance sheet recessions is consistent with the Post Keynesian view of these problems. In many ways, his work complements that of Steve Keen.

Richard Koo in Balance Sheet Recession Debate

A BBC debate with Gillian Tett, Richard Koo and Francis Fukuyama about balance sheet recessions. One can also read Koo’s paper “The World in Balance Sheet Recession: Causes, Cure, and Politics,” Real-World Economics Review 58: 19-37.