Debunking economics (with Steve Keen)
We’re continuing the conversation about reimagining capitalism this week with Professor Steve Keen, one of the biggest names in alternative economics. What would society look like if we stopped believing in long-held economic fictions like meritocracy and the equilibrium system?
Steve Keen has spent his career working to develop an alternative, realistic economics. He is the author of Debunking Economics and the designer of Minsky, an open source dynamic modelling program that makes it possible for anyone to build and understand monetary models of the economy. He was one of the first economists to correctly predict the 2008 financial crisis and its causes.
Steve Keen’s work is funded through Patreon: https://www.patreon.com/ProfSteveKeen
Make sure you check out Majority.FM’s AM Quickie, the morning news podcast for progressives in the know: amquickie.com
Minsky download: https://sourceforge.net/projects/minsky/
Inequality, Debt, and Credit Stagnation: https://www.debtdeflation.com/blogs/2016/07/05/inequality-debt-and-credit-stagnation/
Nick’s twitter: @NickHanauer
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