by Summary:
This seminar led to George Monbiot’s Guardian feature (http://www.guardian.co.uk/commentisfree/2011/oct/10/stop-another-great-depression-debt). As well as outlining my critique of Neoclassical macroeconomics, I explain my credit-based analysis. The discussion at the end about the role of aggregate debt is enlightening in that it shows how most economists can’t comprehend that the aggregate level of debt matters.
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
This seminar led to George Monbiot’s Guardian feature (http://www.guardian.co.uk/commentisfree/2011/oct/10/stop-another-great-depression-debt). As well as outlining my critique of Neoclassical macroeconomics, I explain my credit-based analysis. The discussion at the end about the role of aggregate debt is enlightening in that it shows how most economists can’t comprehend that the aggregate level of debt matters.
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
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