The Drayton Discourse: Steve Keen on Debunking Economics, Financial Instability, and Politics
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The Drayton Discourse: Steve Keen on Debunking Economics, Financial Instability, and Politics
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In this episode, economist Professor Steve Keen shares his thoughts on an array of topics including the shortcomings of neoclassical economics, financial instability, debt and deregulation. He also discusses the intersection of politics and economics through the lens of his candidacy for the senate in the most recent Australian election. He highlights the importance of government policies to tackle issues such as global private debt and the looming climate crisis.
Professor Steve Keen also gives his policy recommendations to global leaders and his advice to students reading economics.
0:00 Introduction
1:10 Debunking Economics
10:48 Financial Instability, Debt and Deregulation
18:43 Intersection of Politics and Economics
27:12 Thought Experiment