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Credit & Crisis (with Spanish translation)

Summary:
I gave this talk at UNAM in Mexico City. I cover why credit matters in macroeconomics, why the crisis occurred, and why many countries (not including Mexico!) face a financial crisis in the next 1-3 years. The content is the same as my previously placed talk in Mexico; this one just has a Spanish translation ...

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I gave this talk at UNAM in Mexico City. I cover why credit matters in macroeconomics, why the crisis occurred, and why many countries (not including Mexico!) face a financial crisis in the next 1-3 years. The content is the same as my previously placed talk in Mexico; this one just has a Spanish translation as well (apologies for the poor sound!)



The content is also almost identical to my talk last week in Norway, with brief closing remarks on Mexico taking the place of the same on Norway.



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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