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.
Climate Crisis
Peter Bofinger – What are the Constraints for a Green New Deal?
The New Deal has become a leading symbol of our age. But what will it take to bring about the next New Deal?
Geopolitics
Mustafa Barghouti – Palestinians would defiantly “die here and not leave”
15 February 2025
Economics
Steve Keen – Does Modern Monetary Theory make sense?
Steve Keen takes a critical look at Monetary Monetary Theory.
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