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
Taliking Politics: Adam Tooze – On his book Crashed!
BRAVE NEW EUROPE will be hosting Adam Tooze when he presents his book in Berlin on 28 (in English) and 29 (in German), Septmeber at Kopenhagener Str. 9, 10437 Berlin Listen here
Economics
Steve Keen – Why we Regularly Witness Financial Debt Crises due to Asset Price Inflation
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 […]
Economics
Alastair Crooke, Judge Napolitano – Imperial Hubris in Syria
2 January 2025
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