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...
View ArticleCentral 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...
View ArticleThe 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...
View ArticleAre we facing a global âLost Decadeâ?
This is an invited paper by the Private Debt Project, an initiative of the philanthropic organization the Governorâs Woods Foundation to raise awareness about the economic importance and dangers of...
View ArticleTranscending 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...
View ArticleZombies-To-Be and the Walking Dead of Debt
Using the dynamics of creditâwhich most other economists ignoreâI explain why Japan, the USA and UK are among the âWalking Dead of Debtâ and why China, Canada, Australia and South Korea are on...
View ArticleCERN Discovers New Particle Called The FERIR
CERN has just announced the discovery of a new particle, called the âFERIRâ.read more...
View ArticleThere has to be a better way
Note: This was published as my last column on Business Spectator on April 6th, but itâs now gone missing after News Ltd merged BS with its own in-house stable and changed all the URLs. Given the...
View ArticleThe Divisive Vote Over Brexit
Andrew Watt has written a passionate critique of my support for Brexit (âProgressive economists should support Remain not Brexit â a response to Steve Keenâ), and it highlights a key feature of...
View ArticleWhat next after Brexit?
A clichéââExpect the Unexpectedââhas happened. As I noted in âThe Divisive Brexit Voteâ, though I favoured Brexit, I took the opinion polls at face value, and expected that Britain as a...
View ArticleInequality, 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 givenâin Frenchâby my good friend Marc Lavoie, who is...
View ArticleThe 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...
View ArticleBBC 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...
View ArticleIncorporating 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...
View ArticleOlivier Blanchard, Equilibrium, Complexity, And The Future Of Macroeconomics
I have observed and appreciated Olivier Blanchardâs 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...
View ArticleMy Speech at Occupy Sydney Five Years Ago
Apparently itâs 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...
View ArticleProf. Steve Keen on private debt and his solution peopleâs QE
Iâve had some tough interviews over the years (such as the BBC HARDtalk! interview earlier this year with Stephen Sackur), but Iâd have to credit the student interviewers at the University of...
View ArticleTeaching 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 âeducationâ in the Netherlands. The text of my slides is reproduced...
View ArticleInfrastructure conference in Westminster Tuesday 24th
A new organisation called NEKS (for âNew Economic Knowledge Servicesâ, see www.neks.ltd) is holding its inaugural conference on the economics of infrastructure In Westminster on Tuesday January...
View ArticleSupport 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...
View Article