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"Money for all" concept explained

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"Money for all" concept explained

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Steve Keen considers the following as important:

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"Money for all" concept explained
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.

7 comments

  1. I agree.

  2. Agree with injecting money directly to general population, but question having folks 'buy shares' to reduce corporate debt. Since I think all rentier income needs reforming, including the role of 'shareholders', this seems problematic.

    • you're probably right but that's a way bigger change that is a long way off vs keen's quick and dirty technocratic tool that could stabilise the economy and reduce inequality pretty easily in the short term

  3. Bullshitbuster420

    End the Fed

  4. it would lead to increased spending my people and corporations who just had a reduction in their debt and more lending by banks.

  5. I like this one

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