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.
EU politics
Politics Theory Other – Tom Mills on reforming the UK media
Tom Mills joins Politics Theory Other to discuss the problems of the UK media, the Labour Party leadership’s proposals for media reform, and the media class’s aversion to workplace democracy. Listen here
Climate Crisis
RSA – The Politics Of Climate Change
How can we galvanise renewed political interest in environmental issues to drive bolder action? With Caroline Lucas MP, Leader of the Green Party. Listen here
Economics
Steve Keen, Phil Dobbie – Does economic isolationism work?
The war in Ukraine looks set to continue for a long time. A 90 minute high-level meeting between the two parties, mediated in Turkey, got nowhere today. Meanwhile, the west is imposing more and more […]
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