Steve Keen – The Many Problems of Economics

This was a quite deep and extensive interview, made accessible nonetheless by David’s intelligent questions and requests for clarification. In just 27 minutes, we cover

  • the fallacies in microeconomics
  • the need to think of capitalism as an evolutionary rather than equilibrium system
  • the disastrous political implications of bad economic theory
  • what caused the 2007 economic crisis
  • Modern Monetary Theory
  • The inevitable ecological crisis


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