Profile
Name:
Steve Keen
Channel Views:
5,616
Total Upload Views:
65,004
Age:
58
Joined:
Jun 13, 2010
Latest Activity:
3 days ago
Subscribers:
634
Website:
About Me:
The main feature distinguishing my approach to economics from mainstream theory (known as "neoclassical" economics) is a focus upon the importance of credit in a dynamic, non-equilibrium framework. From this perspective I identify the ratio of debt to GDP — and the rate of change of that ratio — as the key determinant of the state of the economy, and this is what alerted me to the approaching Global Financial Crisis in late 2005. Debt to GDP levels in both Australia and the USA — the two countries for which I could get reliable data — were clearly on an exponential path that I knew had to break and cause a large economic breakdown.
Hometown:
Sydney Australia
Country:
Australia
Occupation:
Economist
Recent Activity
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ProfSteveKeen uploaded a new video
In the last lecture I showed that the Neoclassical model of consumer beh...
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ProfSteveKeen uploaded a new video
In this half of the lecture, I show that even if there was a downward-sl...
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ProfSteveKeen commented on Keen Behavioural Finance 20...
"@heckler73 That's right Heckler."
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ProfSteveKeen uploaded a new video
In this second half of the first lecture, I explain Sippel's result that...
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ProfSteveKeen uploaded a new video
This is the first of about 20 videos of my lectures in Behavioural Finan...
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Subscriptions
(36)
/a mechanical engineering student from Sweden
And interviewing Rory Robertson? One of the delights of the Kosciuszko Walk was that, while Rory aimed to silence me with the bet, he's the one who's been silenced instead. No, I won't be interviewing him,
Great Information
Thanks
Could you please give your view on the US 'Community Reinvestment Act (1979), and its effect or cause of the 'Sub Prime Crisis" in America?
Thank you for your easy to understand commentary, most informative and indeed valuable.