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 – Interview by Age of Economics
Steve Keen addresses eight questions about economics today. Perfect for the Christmas break. Steve Keen is a Distinguished Research Fellow, Institute for Strategy, Resilience & Security, UCL Cross-posted from Age of Economics 1. Why does […]
Geopolitics
Chas Freeman, Ralph Nader – American Scofflaws
14 December 2024 Listen HERE Ralph welcomes retired diplomat Ambassador Chas Freeman to discuss the United States’ disregard for international law, the incoming Trump administration’s approach to foreign policy, and the decline of the American […]
Economics
Steve Keen, Michael Hudson – Permanent Inequality
How has the Covid crisis increased inequality?
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