In Conversation with: Steve Keen

In Conversation with: Steve Keen

Written by  Megan Ashcroft Sunday, 16 October 2011
The Renegade Economist in conversation with Prof. Steve Keen.

Steve Keen is Associate Professor of Economics & Finance at the University of Western Sydney. He runs the blog debtdeflation.com.
 

Steve predicted the financial crisis as long ago as December 2005, and warned that back in 1995 that a period of apparent stability could merely be “the calm before the storm”.

His leading role as one of the tiny minority of economists to both foresee the crisis and warn of it was recognised by his peers when he received the Revere Award from the Real World Economics Review for being the economist who most cogently warned of the crisis, and whose work is most likely to prevent future crises.
 

He has over 50 academic publications on topics as diverse as financial instability, the money creation process, mathematical flaws in the conventional model of supply and demand, flaws in Marxian economics, the application of physics to economics, Islamic finance, and the role of chaos and complexity theory in economics. His work has been translated into Chinese, German and Russian.
 

He is author of the popular book Debunking Economics, in which Steve let the general public in on a little-known secret: that many widely believed economic models have been shown by economists to be wrong.

He has just released his new book Debunking Economics - Revised and Expanded Edition: The Naked Emperor Dethroned?  

Watch the interview with him in the film below:

 

Video

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4 comments

  • Comment Link Mr Editor Sunday, 23 October 2011 08:12 posted by Mr Editor

    Thanks for sharing

  • Comment Link Paul Monday, 24 October 2011 08:06 posted by Paul

    Hi, I've just come across Renegade Economist and I'm really pleased to have found another great source of alternative and independent media.

    In regards to this interview. Would you not consider Ron Paul to be a politician willing to take on the financial sector?

    Thanks for the interview. Great job.

  • Comment Link Carol Thursday, 01 December 2011 00:42 posted by Carol

    This is fantastic, Ross. The IU have lost a great asset.

  • Comment Link seha Thursday, 29 December 2011 00:33 posted by seha

    Perhaps one good thing that will come out of this
    crisis is that neither religion, nor patriotism or security
    crap is going to save the elite from reckoning.

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