Parenteau's 2006 Paper at Levy Institute and 2010 article on Financial Balances

In hindsight, this paper would have been good to read in 2006. His advice is pretty expensive (only $497 a year) these days at www.richebacher.com

Parenteau's 2006 Levy Institute Paper (short version)



Moving closer to present time, here is a March 2010 article by Mr. Parenteau wherein he discusses the three sector financial balances approach. I find this conceptual framework important, possibly essential to understanding international economics. I hope you enjoy reading it, too.



http://www.nakedcapitalism.com/2010/03/parenteau-on-fiscal-correctness-and-animal-sacrifices-leading-the-piigs-to-slaughter-part-1.html