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Presentation at UDLAP Mexico City on why Trump happened, credit and economic crises

Summary:
I gave this talk at the excellent Masters program facilities of UDLAP (http://www.udlap.mx/inicio.aspx) in Mexico City. I cover why credit matters in macroeconomics, why the crisis occurred, and why many countries (not including Mexico!) face a financial crisis in the next 1-3 years. I will post another version of this talk, given at UNAM, which ...

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I gave this talk at the excellent Masters program facilities of UDLAP (http://www.udlap.mx/inicio.aspx) in Mexico City. I cover why credit matters in macroeconomics, why the crisis occurred, and why many countries (not including Mexico!) face a financial crisis in the next 1-3 years.



I will post another version of this talk, given at UNAM, which also has a Spanish translation of my remarks.



The content is almost identical to my talk last week in Norway, with brief closing remarks on Mexico taking the place of the same on Norway.



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.

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