The OECD established NAEC (“New Approaches to Economic Challenges“) in response to its failure to warn of the economic crisis that began in August 2007, and which led, a year later, to the collapse of […]
Steve Keen explains how economist have still do not grasp what caused the Great Financial Crisis.
Steve Keen discusses the nature of debt, why home prices will fall, and why the regulators and authorities are unable to disassemble the debt bomb.
After eight grueling years of austerity, Greece today emerged from its bailout program. The $330 billion in loans from the European Union, the European Central Bank, and the International Monetary Fund saved the country from […]
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 […]
This covers a very wide range of topics.
It was the enlightened economist, Joan Robinson who said the purpose of studying economics is not to acquire a set of ready made answers to economic questions, but to learn how to avoid being deceived […]
Steve Keen responds to questions with regards to Modern Monetary Theory reaised by Bill Mitchell. Read here
Ten years after the crisis, the Australian economist Steve Keen, who has recently joined Finance Watch as an individual member, calls his mainstream counterparts to account for (still) ignoring the very obvious causes of financial […]
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 […]
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