Steve Keen on Hardtalk

[ItWillNeverWork]

Anyone listen to it? What do people think?

Here's the synopis:

'Another Great Depression is all but inevitable’ - that's the view of Steve Keen. No wonder he's been called the ‘Merchant of Gloom’.

But then Keen is one of the few economists to have predicted the global financial crisis.

And while he used to be a lone voice challenging the economic consensus, more and more people are now listening to him.

His way of avoiding depression? Write off the debt, bankrupt the banks, nationalize the financial system, and start all over again.

http://www.bbc.co.uk/iplayer/episode/p00lmvyl/Hardtalk_25_11_2011/

 

[love detective]

a financial john rawls

 

[magneze]

Very interesting interview. I was particularly taken with his comments on the debt jubilee idea. We absolve individuals and company's of their debts because they should never have been given them in the first place. This is not rewarding their failure - the system failed, not the individuals.

 

[TruXta]

Steve Keen the Blackburn manager? WTF

 

[articul8]

Steve Keen the Blackburn manager? WTF

That's what I thought?! - He's in just as much of crisis

 

[Smokeandsteam]

Anyone listen to it? What do people think?

Here's the synopis:

http://www.bbc.co.uk/iplayer/episode/p00lmvyl/Hardtalk_25_11_2011/

I'm working my way through the book now. His analysis of neo-classical theory explains why he would have reached that conclusion. Thanks for posting the link which I'll have a look at for sure.

 

[butchersapron]

In passing:

University of Western Sydney victimises Professor Steve Keen