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HomeSteve Keen

Steve Keen

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Austerity

Steve Keen – Can’t we all be Swabian Housewives?

January 31, 2019 Mathew D. Rose 0

There is probably no economic fallacy that is so difficult to correct than that of Swabian hausfrau economics (you can only spend what you have) having no relevance with regard to public finance. Steve Keen […]

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Economics

Steve Keen – Why we Regularly Witness Financial Debt Crises due to Asset Price Inflation

January 15, 2019 Mathew D. Rose 0

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 […]

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Economics

Steve Keen – ‘The Euro is a suicide pact’

January 1, 2019 Mathew D. Rose 0

Steve Keen on the  effects of the Euro on economies in the EU.

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Austerity

Steve Keen – The Delusional Leaders of the Eurozone

January 1, 2019 Mathew D. Rose 0

Steve Keen too has a look at 20 years of the Euro. Steve Keen is an economist. He is an expert on Minsky’s Financial Instability Hypothesis, and is one of the handful of economists who […]

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Austerity

Steve Keen – Economic Stagnation in Italy under the Euro

November 29, 2018 Mathew D. Rose 0

This is the recorded talk I gave to Positive Money Italy (http://monetapositiva.blogspot.com/)  on November 23rd 2018. I explain that excessive private credit caused the relative boom in Italy before the crisis, and the collapse in […]

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Economics

Steve Keen – Post Keynesianism

November 23, 2018 Mathew D. Rose 0

As someone who identifies as a Post Keynesian, and criticises mainstream economists for caricaturing rather than understanding Keynes’s novel contributions to economics, it was a great pleasure to be invited to address the Keynes Society […]

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Economics

Steve Keen: Ricardo’s Vice and the Virtues of Industrial Diversity

October 17, 2018 Mathew D. Rose 0

Debunking a typical economist error of composition: specialization may be good for you, but not for us. Complex diversity wins. Read here

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Economics

Steve Keen – The Many Problems of Economics

October 9, 2018 Mathew D. Rose 0

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 […]

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Economics

Steve Keen – Why Economists Disagree

October 2, 2018 Mathew D. Rose 0

If you are not an economist, this is a good introduction into political economy by Steve Keen. Steve Keen is Professor at Kingston University, London This first lecture for Kingston University’s introductory economics subject “Becoming […]

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Economics

Steve Keen – How economics became a cult

September 26, 2018 Mathew D. Rose 0

Watch Steve Keen discuss how mainstream economics acts more like a cult than a science, how mathematics has been misused by the economic discipline, and how with the right tools a grad student can make […]

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Book Reviews

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EU politics

Blitzed: Drugs in Nazi Germany by Norman Ohler

August 10, 2025 0

Book review by  Branko Milanović As I walked yesterday past the Metropolitan Museum in New York, I saw, among many stands that sell all kinds of trinkets, a table filled with books. One attracted my […]

Economics

The Spectre of State Capitalism by Ilias Alami and Adam D Dixon

July 2, 2025 0

Reviewed by J. D. Evans Alami and Dixon’s The Spectre of State Capitalism is a careful discussion of a topic often dealt with in platitudes and sound-bites. The authors cover uses of ‘state capitalism’ as […]

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