Saturday , November 16 2024
Home / Video / Debunking Economics 2 Launch October 4th 2011

Debunking Economics 2 Launch October 4th 2011

Summary:
My speech and Ann Pettifor’s speech at the launch of the 2nd edition of Debunking Economics, at the University College London on October 4 2011. I give an overview of the new edition, which focuses on the absurd state of neoclassical macroeconomic theory and the reasons that conventional economists were the last people on the ...

Topics:
Steve Keen considers the following as important:

This could be interesting, too:

Mike Norman writes Class

Mike Norman writes Episode 8 (S2) of the Smith Family Manga is now available — Bill Mitchell

Michael Hudson writes Beyond Surface Economics: The Case for Structural Reform

Nick Falvo writes Homelessness planning during COVID











My speech and Ann Pettifor’s speech at the launch of the 2nd edition of Debunking Economics, at the University College London on October 4 2011. I give an overview of the new edition, which focuses on the absurd state of neoclassical macroeconomic theory and the reasons that conventional economists were the last people on the planet to realize that a serious economic crisis was about to occur. I also outline my “Monetary Circuit Theory” approach that let me anticipate the crisis. Ann Pettifor gives an excellent outline of the endogenous nature of money creation, and the case for both large scale government spending and a modern debt jubilee to get out of this crisis.



Unfortunately the venue had a plasma screen rather than a data projectxor, and the recording flickers badly. However, our talks can still be followed.



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.

Leave a Reply

Your email address will not be published. Required fields are marked *