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Get ready for an Australian recession by 2017

For the last 25 years, Australian politicians of both Liberal and Labor hue have been able to brag that, under their stewardship, Australia has avoided a recession. Those bragging rights are about to...

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Central Banking, Climate Change and Environmental Sustainability

The Council on Economic Policies and the Bank of England are organising a workshop on this topic to be held at the Bank on November 14-15 2016. A call for papers has just been put out, with a deadline...

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The Seven Countries Most Vulnerable To A Debt Crisis

For decades, some of the most important data about market economies was simply unavailable: the level of private debt. You could get government debt data easily, but (with the outstanding exception of...

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Are we facing a global âLost Decadeâ?

This is an invited paper by the Private Debt Project, an initiative of the philanthropic organization the Governor’s Woods Foundation to raise awareness about the economic importance and dangers of...

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Transcending the Lucas Critique & simple dynamic modelling with Minsky

The Lucas Critique has ruled economics for the last 40 years, and led it into a dead-end as well. In this talk to the Economics for Everyone conference run by the Post Crash Economics Society in...

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Zombies-To-Be and the Walking Dead of Debt

Using the dynamics of credit–which most other economists ignore–I explain why Japan, the USA and UK are among the “Walking Dead of Debt” and why China, Canada, Australia and South Korea are on...

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CERN Discovers New Particle Called The FERIR

CERN has just announced the discovery of a new particle, called the “FERIR”.read more...

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There has to be a better way

Note: This was published as my last column on Business Spectator on April 6th, but it’s now gone missing after News Ltd merged BS with its own in-house stable and changed all the URLs. Given the...

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The Divisive Vote Over Brexit

Andrew Watt has written a passionate critique of my support for Brexit (“Progressive economists should support Remain not Brexit – a response to Steve Keen”), and it highlights a key feature of...

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What next after Brexit?

A cliché—“Expect the Unexpected”—has happened. As I noted in “The Divisive Brexit Vote”, though I favoured Brexit, I took the opinion polls at face value, and expected that Britain as a...

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Inequality, Debt and Credit Stagnation

This was my keynote speech at the French Association for Political Economy (AFEP) annual conference in Mulhouse, France (the other keynote was given–in French–by my good friend Marc Lavoie, who is...

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The need for pluralism in economics

For decades, mainstream economists have reacted to criticism of their methodology mainly by dismissing it, rather than engaging with it. And the customary form that dismissal has taken is to argue that...

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BBC Hardtalk on reforming economics

This interview, which was just recorded today, will go to air tomorrow at 4.30am, 9.30am, 4.30pm & 8.30PM GMT:read more...

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Incorporating energy into production functions

In my last post on my Debtwatch blog, I finished by saying that the Physiocrats were the only School of economics to properly consider the role of energy in production. They ascribed it solely to...

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Olivier Blanchard, Equilibrium, Complexity, And The Future Of Macroeconomics

I have observed and appreciated Olivier Blanchard’s intellectual journey over the last decade. It began in August 2008, with what must be regarded as one of the worst-timed papers in the history of...

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My Speech at Occupy Sydney Five Years Ago

Apparently it’s the fifth anniversary of the day I gave this talk, to the Occupy movement in Sydney, in Martin Place, right outside the offices of the Reserve Bank of Australia. The day after, the...

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Prof. Steve Keen on private debt and his solution peopleâs QE

I’ve had some tough interviews over the years (such as the BBC HARDtalk! interview earlier this year with Stephen Sackur), but I’d have to credit the student interviewers at the University of...

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Teaching Economics the Pluralist Way

This is a talk I gave in Amsterdam to launch the Amsterdam Rethinking Economics critique of the current state of economics “education” in the Netherlands. The text of my slides is reproduced...

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Infrastructure conference in Westminster Tuesday 24th

A new organisation called NEKS (for “New Economic Knowledge Services”, see www.neks.ltd) is holding its inaugural conference on the economics of infrastructure In Westminster on Tuesday January...

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Support me on Patreon

Click here to support me on Patreon As I explain in this video, government attempts to turn University entrance into a marketplace have had the unintended side-effect of undermining pluralist...

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