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Richard Koo AT THE 2011 Argentine Central Bank Conference

Summary:
Richard Koo outlines his argument that the government should run a deficit to sustain aggregate demand during a period like now when the private sector is deleveraging.

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Richard Koo outlines his argument that the government should run a deficit to sustain aggregate demand during a period like now when the private sector is deleveraging.


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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