This is my keynote presentation at the 1st European Modern Monetary conference. I cover the fallacies that mainstream economists believe about money and why they are wrong, how their decision to ignore banks, money, credit and private debt in their macroeconomics depends upon the false “Loanable Funds” model of bank behaviour, and how private debt and credit explain the tendency of capitalism to fall into financial crises.
Economics
Steve Keen – A Modern Jubilee as a Cure to the Financial Ills of the Coronavirus
We might well be approaching a financial and economic crisis comparable to the Great Financial Crisis of 2007. Thus it is important to develop an alternative to saving the old, destructive neo-liberal system as happened […]
Austerity
Steve Keen: When the Swabian hausfrau saves, what does she do to your bank account?
30 January 2019, Steve Keen in Berlin in our series “Economics beyond the Swabian hausfrau”. Begins at 6:30 If you are tired of complaining about how awful state and corporate media is and wish for […]
Geopolitics
Craig Mokhiber – International Institutions Failing Palestine, People Must Stop Genocide
This week marks two years since the launch of Al Aqsa Flood and the beginning of the Israeli Occupying Forces’ escalated genocide of Palestinians and forced displacement throughout the Occupied Palestinian Territories. Clearing the FOG […]
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