Monday, June 11, 2012

Steve Keen — Why Economics Is Bunk (BBC Podcast)

Newsnight Economics Editor Paul Mason interviews the controversial economist Steve Keen before an audience at the London School of Economics. Keen was one of a small number of economists who predicted there would be a major financial crisis before the 2008 crash. He argues that if we keep the "parasitic banking sector" alive the economy dies, and says that conventional economics provides an unwitting cover for "the greatest ponzi schemes in history".
BBC podcast (30 min)
Steve Keen — Why Economics Is Bunk
Paul Mason interviews Steve Keen
(h/t y in comments)

1 comment:

Clonal said...

He is as close to MMT as he has ever been.