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Prof. Steve Keen on Debunking Economics

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Published on Jan 12, 2012

About the Speaker:

Steve Keen is Associate Professor of Economics & Finance at the University of Western Sydney. His main academic research interest is in developing mathematical models of Hyman Minsky's Financial Instability Hypothesis. Prof. Keen's best-selling book, Debunking Economics, delivers a powerful critique of modern neoclassical macroeconomics. He maintains a website dedicated to 'analysing the global debt bubble' at www.debtdeflation.com.

Steve predicted the financial crisis as long ago as December 2005. His leading role as one of the minority of economists to both foresee the crisis and warn of it was recognised by his peers when he received the Revere Award from the Real World Economics Review for being the economist who most cogently warned of the crisis, and whose work is most likely to prevent future crises.

About the Event:

At this open session of the IIEA Economists Group, Prof. Steve Keen summarised his critique of modern neoclassical macroeconomics and offered alternatives to policies currently being pursued in attempts to get to grips with Europe's financial, sovereign debt and economic crises.

This event was kindly co-hosted by ASPO Ireland.

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