Steve Keen’s Debt Watch

From the Climate and COVID and Climate Correlations, the New Economics (2021) of Professor Steve Keen is the topic of this weekly series. Minsky software walkthroughs are common, so come by, we want to hear what you have to say. We are always looking for new and novel ways to look at a complex subject or to the issues that matter to us most. This video is about all of this and more.

From the Climate and COVID and Climate Correlations, the New Economics (2021) of Professor Steve Keen is the topic of this weekly series. Minsky software walkthroughs are common, so come by, we want to hear what you have to say. We are always looking for new and novel ways to look at a complex subject or to the issues that matter to us most. This video is about all of this and more.

From the Climate and COVID and Climate Correlations, the New Economics (2021) of Professor Steve Keen is the topic of this weekly series. Minsky software walkthroughs are common, so come by, we want to hear what you have to say. We are always looking for new and novel ways to look at a complex subject or to the issues that matter to us most. This video is about all of this and more.

From the Climate and COVID and Climate Correlations, the New Economics (2021) of Professor Steve Keen is the topic of this weekly series. Minsky software walkthroughs are common, so come by, we want to hear what you have to say. We are always looking for new and novel ways to look at a complex subject or to the issues that matter to us most. This video is about all of this and more.

This was an invited talk to the Oxford Department of International Development "Climate Change and the Challenges of Development Lecture Series", on my criticisms of the application of neoclassical economics to climate change. I focus on the new paper by Dietz et al. that allegedly calculates the economic costs of tipping points: Dietz, S., J. Rising, T. Stoerk and G. Wagner (2021). "Economic impacts of tipping points in the climate system." Proceedings of the National...

This is a high-speed outline of the key points in my new book that challenge mainstream Neoclassical economic thinking. The topics covered are endogenous money ("Bank Originated Money and Debt") versus the empirically false mainstream model of Loanable Funds; the role of energy in production, and how the mainstream Cobb Douglas Production Function understates the role of energy in production by at least one order of magnitude; and how mainstream climate change economics has...

This is a short (for me!) video discussing why one entity's surplus is another's deficit in a monetary economy, and why governments running a surplus are making the economy weaker rather than stronger.

This was an excellent seminar organised by Wise Response New Zealand, a coalition of academics, engineers, lawyers, artists, sportspeople etc who are calling on New Zealand’s Parliament to comprehensively assess imminent risks to New Zealand and to draw up plans to deal with them. The seminar webpage is http://wiseresponse.org.nz/2021/08/31/seminar-are-there-biophysical-limits-to-growth/ The speakers were (in order): Associate Professor Simon Michaux (Geology) Professor Steve Keen...

Modelling how the Treasury of a money-issuing government can kick start an economy from zero by running a deficit--spending more than it taxes--selling bonds to the banks, which the banks buy using the reserves created, and paying interest on the bonds, while borrowing from the central bank to cover the interest payments on the bonds--and these interest payments create positive equity for the banking sector.

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