Keen Faces of Liberal Capitalism Conference

The fact that Australia didn't experience a bad recession during the GFC is sometimes attributed to its better regulatory system. It would be a miracle were that true, since the Wallis Committee and all government interventions up until 2008 were done to reduce regulation, not strengthen it.

Category:

News & Politics

Tags:

• Economics Great Recession
• Great Depression
• Financial Crisis
• Australian House Prices
• Property Bubble
• Wallis Committee
• Steve Keen

[JoanDenoo]

Can anyone give me evidence that Keen misstates, distorts, or incorrectly states the problem, and if so, what do you recommend is correct? Don't give me generalities, give me specifics!

[ApocalypticAang]

Thanks Prof, for pointing out the effects/functions of debt in the economy-- and more specifically, the DIFFERENT effects/functions of: 1) Government Debts, 2) Household debts, 3) Manufacturing Sector debts, and 4) Financial (FIRE) Sector debts!

Unfortunately, what you said about "trigger words" on the Keiser Report means that people are going to go from completely ignoring all debts, or seeing them as the "answer"-- to seeing all debts as the same, or treating them as the "problem"....

[ApocalypticAang]

@fuckooo Truly, the no. of people who mistake an economics lecture for "infotainment"-- and feel the need to rate the "style/color/font/etc."-- is bizarrely high... but that's what you get when you upload videos to youtube.

[betadryl]

Great content, bad delivery. As noted by others, please fix the font, design etc. And take a course on how to use powerpoints. Thanks.

[lordmetroid]

At last, an economist who knows fundamental levels of engineering mathematics.

[fuckooo]

@rolgorevene Bizarre comment.

Great video.

[rolgorevene]

the colors, fonts, speed of talking and amount of text is very questionable. good video.