Steve covers why the Neoclassical model of banking known as “Loanable Funds” is a dangerously misleading caricature of actual banking, why credit has a crucial role in macroeconomics, and why savings is a sensible activity for individuals but has a destructive impact on aggregate demand.
Economics
Steve Keen – Labour Without Energy is a Corpse; Capital Without Energy is a Sculpture
Steve Keen applies this ‘simple insight’ to how he thinks the global economy actually works Steve Keen is Distinguished Research Fellow, Institute for Strategy, Resilience & Security (ISRS) at UCL Cross-posted from Steve Keen’s Website […]
Geopolitics
Ralph Wilde: The ICJ & why Israeli occupation must end
11 April 2025 International lawyer Ralph Wilde joins Centre Stage to talk about the 2024 landmark ruling by the International Court of Justice that deems Israel’s occupation of the Palestinian territories illegal — and why […]
Finance
Steve Keen – PATREON: Why the poor pay for high debt, even if they don’t borrow (in 13 minutes & 15 seconds flat)
This was an invited talk to public servants organized by the Exploring Economics group (https://www.exploring-economics.org/en/). In just over 13 minutes Keen provides a complex systems argument that the poor pay for debt, even if they […]
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