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Steve Keen on secular stagnation and helicopter money

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Published on May 14, 2016

ORIGINAL AIR DATE: APRIL 19, 2016

Boom Bust’s Edward Harrison interviews Steve Keen, head of the school of economics, history and politics at Kingston University. Steve explains why he takes issue with Ben Bernanke’s intervention on the subject of helicopter money despite the core of his proposal making sense. But, in addition to discussing the ins and outs of helicopter money, Steve gives voice to why he sees a private debt bubble as pernicious for the global economy. And he speaks to how to boost stagnant incomes in the face of middle class wage pressure and growing populist political responses.

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