by Summary:
Credit Drives Economic Performance, Not Beliefs.
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
Credit Drives Economic Performance, Not Beliefs.
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
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| Credit Drives Economic Performance, Not Beliefs. |
Steve Keen is one of the few good economists.
Yeah, the "economics PHDs" are who run the Federal Reserve…😉🕎
The reason is pure simple is outsider yup.i watch him years and rock boat.When mess 2008 start he told lots peoples and laugh at him after he got attention yes.i read few books on him yes he got point same thomas sowell expose true on blank cheque sad but true.😮
Thomas Sowell is paying back the $35,OOO,OOO,OOO,OOO "blank cheque" given to the wealthy?
What is Thomas Sowell's biggest concern with "blank cheque"?
(a) Unlimited Government Spending and Welfare
(b) Perverse Incentives
(c) Moral Hazard
(d) Lack of Accountability
(e) Impact on the Economy
(f) Political Expediency
I like Keen.
But can anyone point to any video/audio/article anywhere where there is any mainstream economist who is accomplished in academia or in political influence who has stated that credit is not a factor?
The silence of the lambs — conspicuous is the emphasis on said influence of credit by its absence — David Ricardo viewed credit as more of a facilitator than a primary driver — damning it with no praise — Friedrich Hayek and Ludwig von Mises have been sceptical of excessive credit expansion while not denying the role of credit
Started watching this guy like 2 days ago; reminds me of my propulsion professor in engineering school. No bullshit and no tolerance for dumbing down an inherently complicated subject.