Keiser Report: Neoliberalism is Junk (E1042)

in #economy7 years ago


[Este episodio en Español] It is always a pleasure watching professor Steve Keen exposes neoliberal scammers. Sharp mind and sharp tongue today set to dismantle QE scam.



In this episode of the Keiser Report, Max and Stacy discuss why neoliberalism didn’t make us richer.

Debunking Economics

In the second half, Max interviews professor Steve Keen about Quantitative easing (QE) and its role in financial crisis.

Steve Keen is a professor of Economics at Kingston University London. By his own words, he is “also a prominent critic of conventional economics”. Economics has come under challenge from pundits, the public and students since the 2007 crisis, and so it should. Mainstream economists failed to anticipate the crisis, not because it was an unpredictable “Black Swan”, but because false pre-determined beliefs meant they ignored the cause of the crisis: banks lending too much money to finance speculation rather than investment.

His book “Debunking Economics” explains the many logical and empirical flaws in mainstream (and Marxian) economics without using mathematics. It has been translated into Chinese, French and Spanish. His next book is called “Can we avoid another financial crisis?”, and is coming out in April 2017.

You can find more of prof. Steve Keen at his blog Steve Keen's Debtwatch, and on Twitter



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