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Can We Avoid Another Financial Crisis? My New City Agenda talk at House of Commons

Summary:
This talk on whether we can avoid another financial crisis, and what caused the last one, was arranged by New City Agenda (http://www.newcityagenda.co.uk/keen) and held in a committee room of the House of Commons. I cover what caused the crisis (credit), why mainstream economics erroneously ignores credit, and the empirical data showing which countries face ...

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This talk on whether we can avoid another financial crisis, and what caused the last one, was arranged by New City Agenda (http://www.newcityagenda.co.uk/keen) and held in a committee room of the House of Commons.



I cover what caused the crisis (credit), why mainstream economics erroneously ignores credit, and the empirical data showing which countries face continued stagnation, and which countries face a future private debt crisis.



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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