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Steve Keen and Friends: Episode 07 Macros and Cheezy Responses

Summary:
Professor Steve Keen is an internationally recognized Economist. Described by Vox Day and Daniel Sanderson as "the greatest living economist," this video series is designed to bring out Steve's natural humility. Joined by regular guests Daniel Sanderson and Tyrone Keynes (Ty), the series will oscillate between friendly banter and economic excellence. WARNING: if you are a close-minded neoclassical economist, climate denier, or generally an angry person, this show is NOT for you. Hecklers will be ridiculed and escorted off the live stream. This series is for you if you value systems thinking and the capacity to critically assess your beliefs. The previous iteration of this show is called The New Economics and featured special guests such as Jørgen Randers, Ian Dunlop, and David

Topics:
Steve Keen considers the following as important:

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Professor Steve Keen is an internationally recognized Economist. Described by Vox Day and Daniel Sanderson as "the greatest living economist," this video series is designed to bring out Steve's natural humility. Joined by regular guests Daniel Sanderson and Tyrone Keynes (Ty), the series will oscillate between friendly banter and economic excellence.



WARNING: if you are a close-minded neoclassical economist, climate denier, or generally an angry person, this show is NOT for you. Hecklers will be ridiculed and escorted off the live stream.



This series is for you if you value systems thinking and the capacity to critically assess your beliefs.



The previous iteration of this show is called The New Economics and featured special guests such as Jørgen Randers, Ian Dunlop, and David Spratt.



Jørgen Randers episode; https://youtu.be/xh60EZfzQMs

Ian Dunlop episode; https://youtu.be/BeQvY4RxOLM

David Spratt episode; https://youtu.be/MW-fD4ZxHok



FYI, Capitalism will NOT survive anything, and that's the point with @ProfSteveKeen's meteor metaphor. DICE is an integrated assessment model of the interplay between economics, energy use, and climate change. #Badfaith #SteveKeen #postKeynesian



NOTE: All references to that infectious viral phenomenon that required wearing masks and the atmospheric carbon crisis we have discussed in the past are being avoided in this description. The reason is that we are trying to avoid the YouTube warnings that pop up, and we "think" might be affecting the algorithm that helps or hinders the visibility of the fantastic show. Did I say FANTASTIC? My apologies about yelling in ALL CAPS; I only do this because it's the only emphasis option I have when writing these descriptions — no italics, no bold. Is the show "fantastic"? You be the judge; we would love to hear your opinions about the topics we are discussing.
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.

3 comments

  1. Um is a sign of intelligence and means you're thinking. A reflex designed to let you finish your thoughts 💭

  2. John Kenneth Galbraith once wrote: “The process by which banks create money is so simple that the mind is repelled”

    A bookkeeper would say: “Debit the Loan A/C and credit the borrower’s Current A/C

    Everything that happens in financial accounting and banking can be explained using double-entry bookkeeping logic.

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