Climate Crisis
Steve Keen on economic ideology, capitalism and the future
10 October 2024
Steve Keen
Economics
Steve Keen – Britain Really, Really Can’t Afford Rachel Reeves
Banks aren’t “financial intermediaries”, and government spending creates money, rather than borrowing it Steve Keen is an Australian economist and author. A post-Keynesian, he criticizes neoclassical economics as inconsistent, unscientific and empirically unsupported. Cross-posted from […]
Austerity
Steve Keen – Britain Can’t Afford Rachel Reeves
Why the decision to abolish the winter fuel payment is not just bad politics and ethics, but also bad economics Steve Keen is an Australian economist and author. A post-Keynesian, he criticizes neoclassical economics as […]
Economics
Steve Keen – Watching Two Labour Parties Destroy Themselves
The Labo(u)r parties in Australia and Britain have chosen to fail by following what they think is a successful strategy: not to fulfil declared social and economic objectives but to reduce government debt. Steve Keen […]
Climate Crisis
Steve Keen – “What Economists Don’t Know about Climate Science Can Kill Us”
26 March 2024 Infuriated at how those in our financial system insist on stubbornly investing in the exact opposite of what everyone on Earth—including them—needs to ensure stable planetary systems? Prof. Steve Keen, delves into […]
Economics
Steve Keen – The “Anything Goes” Market Demand Curve
Drawing macroeconomic conclusions from individual microeconomic data is a bear trap, says Steve Keen in the fourth chapter of a book in preparation. Steve Keen is Distinguished Research Fellow, Institute for Strategy, Resilience & Security, […]
Economics
Steve Keen – The Impossibility of Microfoundations for Macroeconomics
One thing which never ceases to bemuse me is the intellectual insularity of mainstream economics. Steve Keen is Distinguished Research Fellow, Institute for Strategy, Resilience & Security, UCL Cross-posted from Steve’s website Building a New […]
Economics
Steve Keen – Rebuilding Economics from the Top Down—a work in progress
I have just commenced a six-month research project at the Budapest Centre for Long-Term Sustainability (https://bc4ls.com/), and one of my allotted tasks is to write a 30,000 word book. With apologies to my good friend […]
Economics
The Paradox of Debt by Richard Vague
Book review by Steve Keen Very rarely do I review a book and find that the best way to convey its significance is to quote, verbatim, its first four paragraphs: In 2020, during the darkest […]
Economics
Steve Keen – Railroaded: Bring Back Thatcher and Reagan
The irony is that Germany with the Greens in government want to privatise the state railway. The real problems began with the previous attempt to privatise it in 2008 under Merkel, another disaster that everyone […]