• Why Economists Keep Getting It Wrong (On Renegade Inc)

  • Jul 31 2024
  • Duración: 26 m
  • Podcast

Why Economists Keep Getting It Wrong (On Renegade Inc)

  • Resumen

  • "They think they're leading us to economic equilibrium, but instead they've led us into economic and ecological crises."

    Join Steve Keen as he dismantles mainstream economic theories and exposes the flaws that led to the global financial crisis. In this eye-opening discussion, Keen critiques the neoclassical school of thought, highlights the dangers of ignoring future uncertainties, and calls for a radical shift in economic paradigms. Discover how historical missteps and contemporary policies continue to shape our unstable economic landscape, and why a new approach is essential for a sustainable future. Dive into the complexities of debt, market expectations, and the role of financial institutions in this compelling analysis.

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    Who is Dr. Steve Keen?


    Dr. Steve Keen is an influential economist who has dedicated over 50 years to challenging mainstream economic theories. Since his days as a university student, he has been engaged in a David vs. Goliath battle against conventional economic models. Holding a Ph.D. in economics, Dr. Keen is well-known for his critical analysis and advocacy for more realistic economic approaches. His work emphasizes the importance of accounting for financial instability and incorporates elements of complex systems theory. Engineers, finance professionals, and IT experts will appreciate his methodical breakdown of economic phenomena and his development of the Minsky software, which models financial crises. Dr. Keen's contributions are crucial for anyone seeking a deeper understanding of how economic systems can impact technological and financial environments. His teachings offer valuable insights into the economic forces shaping our world. By following his analysis, professionals can gain a better grasp of economic dynamics that influence their fields.

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