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Banks Influence Politics Explained Viral

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Banks Influence Politics Explained Viral

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Steve Keen considers the following as important:

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Banks Influence Politics Explained Viral
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.

4 comments

  1. @GhostOnTheHalfShell

    Yeh sure about as well as the French Aristocracy was motivated to understand physiocrats. Now a more interesting question might be what if the people held the debt in some way when there was an economic downturn. Might change the dynamics, yes?

  2. Take the widespread "posture" by F-MSM (financial main stream media) on Michael Barr's capital rules Basel "endgame". The posture was "oooh he wants to crank up capital". ON THE INSIDE, Barr is just another lawyer. Knows not a whit about economics. And he's a crony for the banking industry FROM THE START. The posture was fake. The idea was to FIND OFFSETS to the new Basel capital requirements and play accordingly. BUT he ended up caving (like the spineless shill that he is) altogether on all fronts. What a mass media! Big names…wsj, FT, barrons marketwatch…..all bunk posturers.

  3. @_jamesdphillips

    Anyone have a link to the interview this is from?

  4. When is the argument? Good clip

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