Newsnight Economics Editor Paul Mason interviews the controversial economist Steve Keen before an audience at the LSE. Keen was one of the few who predicted the 2008 crash.
Tagged with “steve keen” (3)
Steve Keen has been on the Radio 4 “Analysis” programme on 4th June (at 8.30pm).
Newsnight Economics Editor Paul Mason interviewed the 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”.
Last month 141 economists from around the globe launched the World Economics Association. In its first three weeks of existence more 4500 people from 120 countries joined its ranks. The association’s manifesto says it stands for a plurality of thought, method and philosophy, and a commitment to global democracy which will prevent one country or continent from dominating economic debate.
Ideas talks to three of the association’s founding members: Ha Joon Chang, the author of 23 Things They Don’t Tell You About Capitalism; former World Bank economist and professor of economics at the London School of Economics, expatriate New Zealander Robert Wade; and Steve Keen the author of Debunking Economics: The Naked Emperor of the Social Sciences,
World Economics Associaton (http://www.worldeconomicsassociation.org/)
Debunking Economics (http://debunkingeconomics.com/)
Ha-Joon Chang (http://www.econ.cam.ac.uk/faculty/person.html?id=chang&group=faculty)
Robert Wade (http://www2.lse.ac.uk/internationalDevelopment/whosWho/wader.aspx)