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My friend Dr. Sabri Oncu has established an innovative seminar program at Kadir Has University in Turkey. Called the "Kadir Has Lectures on Global Political Economy", it has had lectures from a number of non-mainstream economists, including Ann Pettifor, Frances Coppola, Yanis Varoufakis, and Jan Kregel. Forthcoming lecturers include Louis Philippe Rochon and Matias Vernengo. You can find the series here: https://www.youtube.com/playlist?list=PLF796nZs0vOE-Rbrquqdfdrm0ck92lMjI In my lecture, I explain how bank credit adds to aggregate demand and income, and therefore how capitalism's great crises--the Great Depression, the Great Recession, the Panic of 1837, and so on--were caused by credit turning negative. I also explain how we could remedy the economy via a "Modern Debt Jubilee".
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My friend Dr. Sabri Oncu has established an innovative seminar program at Kadir Has University in Turkey. Called the "Kadir Has Lectures on Global Political Economy", it has had lectures from a number of non-mainstream economists, including Ann Pettifor, Frances Coppola, Yanis Varoufakis, and Jan Kregel. Forthcoming lecturers include Louis Philippe Rochon and Matias Vernengo. You can find the series here: https://www.youtube.com/playlist?list=PLF796nZs0vOE-Rbrquqdfdrm0ck92lMjI In my lecture, I explain how bank credit adds to aggregate demand and income, and therefore how capitalism's great crises--the Great Depression, the Great Recession, the Panic of 1837, and so on--were caused by credit turning negative. I also explain how we could remedy the economy via a "Modern Debt Jubilee".
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Steve Keen considers the following as important:
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| My friend Dr. Sabri Oncu has established an innovative seminar program at Kadir Has University in Turkey. Called the "Kadir Has Lectures on Global Political Economy", it has had lectures from a number of non-mainstream economists, including Ann Pettifor, Frances Coppola, Yanis Varoufakis, and Jan Kregel. Forthcoming lecturers include Louis Philippe Rochon and Matias Vernengo. You can find the series here: https://www.youtube.com/playlist?list=PLF796nZs0vOE-Rbrquqdfdrm0ck92lMjI In my lecture, I explain how bank credit adds to aggregate demand and income, and therefore how capitalism's great crises--the Great Depression, the Great Recession, the Panic of 1837, and so on--were caused by credit turning negative. I also explain how we could remedy the economy via a "Modern Debt Jubilee". Of course, since Neoclassical economists dominate economic policy, I know that this policy has no better than a snowflake's chance in Hell of being implemented. |