Steve Keen explains how economist have still do not grasp what caused the Great Financial Crisis.
Few people saw the Global Financial Crisis coming. Steve Keen was one of them. He is a ferocious critic of the neoclassical school of economics, which continues to dictate thinking within governments, universities and the […]
One country that symbolised the crisis of the last 10 years was Greece. Its insolvency embarked the country on a long regime of bail-outs and austerity. This August, Greece officially emerged from the crisis, with […]
The demand side of the housing market has one main factor: new mortgages created by the banks… this means house prices – and the resulting housing crises – are driven by mortgage lending. So how […]