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Edinburgh University Talk: financial instability, endogenous money & government budgets

Summary:
A talk to the Edinburgh University Society for Economic Pluralism (EUSEP) covering the inherent instability of capitalism, why Loanable Funds is nonsense, and why the government should normally run a deficit.

Topics:
Steve Keen considers the following as important:

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A talk to the Edinburgh University Society for Economic Pluralism (EUSEP) covering the inherent instability of capitalism, why Loanable Funds is nonsense, and why the government should normally run a deficit.


Steve Keen
Steve Keen (born 28 March 1953) is an Australian-born, British-based economist and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific and empirically unsupported. The major influences on Keen's thinking about economics include John Maynard Keynes, Karl Marx, Hyman Minsky, Piero Sraffa, Augusto Graziani, Joseph Alois Schumpeter, Thorstein Veblen, and François Quesnay.

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