Monday, November 25, 2019

Steve Keen - Renegade Inc: Lies, Damn Lies and Climate Statistics

Steve Keen says do away with economists and a modern ecomomy will run perfectly well without them, but you couldn't do away with engineers or scientists. Spot on!

It will come as no surprise that a recent poll indicated that economists are amongst the least trusted professionals. They've made blundering mistakes on everything from claiming financial crises can happen to not facing the most obvious recessions. But all that pales into insignificance when inept economists get involved in modelling climate science. A recession we can recover from, but the breakdown of our planet, we cannot. Host Ross Ashcroft travels to Kakanomics - the leading economics festival in Norway – to talk with the renegade economist Professor Steve Keen to understand the scale of the damage that blinkered ideology has done to the future of our planet.

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