Heterodox
This is an interview in Press TV News (Stavros Mavroudeas & Steve Keen) on the recent turmoil in financial markets and the ominous signs of a coming new recession in the world economy. With Stev Keen we agreed that the gist of the matter are the unresolved causes of the 2008 crisis. However, we disagreed on its causes (Steve attributing it to deficient demand and private debt, me emphasising the falling profitability). We also disagreed on the subsequent measures used to surpass the...
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