Real Progressives
Eric Tymoigne

Eric Tymoigne

leverage balance
Economic Justice

Money and Banking (Part 7 – Leverage)

Given that the concept of leverage will be used often in the upcoming posts, this post spends some time explaining what leverage is and some of its impacts on the balance sheet of any economic unit.

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mortgage money banking balance sheet
Economic Justice

Money and Banking (Part 1 – Balance Sheet)

The core of the financial system consists of financial documents and among them are balance sheets. As Hyman P. Minsky used to note, if you cannot put your reasoning in terms of a balance sheet there is a problem in your logic.

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