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.
Climate Crisis
Steve Keen – A 2020 Retrospective: Looking Back in Foresight
Pretty much sums 2020 up Steve Keen is a Distinguished Research Fellow, Institute for Strategy, Resilience & Security, UCL Cross-posted from Steve’s website I made the macabre joke at the end of my post on […]
Austerity
Mark Blyth and Carrie Nordlund – Turkey, Greece, Italy, etc.
Mark Blyth, political economist at Brown’s Watson Institute, and Carrie Nordlund, political scientist and associate director of Brown’s Master of Public Affairs program, share their take on the week’s news. Today’s topics include Trump’s spat […]
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