

#11756
Mentioned in 2 episodes
The Holy Grail of macroeconomics
Book • 2008
This book presents crucial lessons from Japan's 15-year recession, offering insights that can aid other economies struggling with financial crises.
It introduces the concept of yin and yang business cycles, contrasting profit maximization with balance sheet recession, where companies focus on minimizing debt.
The book challenges conventional macroeconomic theories and provides a framework for understanding post-bubble economies.
It introduces the concept of yin and yang business cycles, contrasting profit maximization with balance sheet recession, where companies focus on minimizing debt.
The book challenges conventional macroeconomic theories and provides a framework for understanding post-bubble economies.
Mentioned by
Mentioned in 2 episodes
Mentioned by 

as a classic book on macroeconomics, focusing on lessons from Japan's Great Recession.


Jack Farley

38 snips
Richard Koo: China’s “Balance Sheet Recession” Has Already Started | (Jack’s Final Episode)
Mentioned by 

as a book outlining the Japanese QE extravaganza and its unresolved issues.


Preston Pysh

BTC084: Japanese Yield Curve Control, Oil, & Bitcoin Macro w/ James Lavish (Bitcoin Podcast)
Mentioned by 

as a book where ![undefined]()

lays out his theory of balance sheet recession.


Joe Weisenthal

Richard Koo

Why Governments Haven't Learned The Lessons Of Japan
Mentioned by 

as a book explaining lessons from Japan's Great Recession.


Joe Weisenthal

Richard Koo Explains Why The Recovery Will Be So Difficult