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
Mariana Mazzucato – The Value of Everything – making and taking in the global economy
IIPP Director Mariana Mazzucato speaks on new book about the concept of value, with audience Q&A chaired by Paul Mason. Watch here
Geopolitics
Francesca Albanese – Gaza and the Anatomy of a Genocide
26 August 2024 Francesca Albanese, the UN Special Rapporteur on the Occupied Palestinian Territories, says Israel is committing genocide against the Palestinian people in Gaza and the West Bank. In her report, ‘Anatomy of a […]
Economics
Steve Keen – Economists Refuse To Believe Banks, Debt & Money Are Important
Nugget’s News covers a range of topics with Steve Keen: Why economists ignore banks, debt & money Asset bubbles Financial crisis Limits of a debt based system Why USD as reserve currency must go Central […]
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