Saturday , May 11 2024
Home / Video / Keen Berlin 2019 Reality Vs Myth

Keen Berlin 2019 Reality Vs Myth

Summary:
This is my keynote presentation at the 1st European Modern Monetary conference. I cover the fallacies that mainstream economists believe about money and why they are wrong, how their decision to ignore banks, money, credit and private debt in their macroeconomics depends upon the false “Loanable Funds” model of bank behaviour, and how private debt ...

Topics:
Steve Keen considers the following as important:

This could be interesting, too:

NewDealdemocrat writes The Household Survey isn’t the only data series sending up caution flares

Joel Eissenberg writes Is China eating our EV lunch?

Angry Bear writes Republican U.S. States Sue EPA over Strict Power Plant Emission Rules

Angry Bear writes Clawback of money looted by Cerberus, de la Torre, and MPT from Steward Health Care











This is my keynote presentation at the 1st European Modern Monetary conference. I cover the fallacies that mainstream economists believe about money and why they are wrong, how their decision to ignore banks, money, credit and private debt in their macroeconomics depends upon the false “Loanable Funds” model of bank behaviour, and how private debt and credit explain the tendency of capitalism to fall into financial crises.


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Your email address will not be published.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 *