Wednesday, 5 December 2012

Over the Fiscal Cliff - Video Interview with Professor Steve Keen


The world's top economist, Dr. Steve Keen, professor of economics, University of Western Sydney, Australia and author of the book Debunking Economics speaks to the International Conference on Sustainability, Transition and Culture Change: Vision - Action - Leadership on the truth or consequences of the so-called "Fiscal Cliff" and what might be expected if the USA went "over". Keen also discusses his speech at a United Nations conference in Bangkok, the outcome of his work with the Field's Institute at the University of Toronto, and his work into modeling money and financial flows.

Keen followed this talk with four hours of new materials on Sunday, November 18, 2012 at the International Conference on Sustainability, Transition and Culture Change: Vision - Action - Leadership sponsored by Local Future, a non-profit educational organization.

EXTENDED BIOGRAPHY

Dr. Steve Keen received the Revere Award from the Real World Economics Review in 2010 for being the economist who most cogently warned of the economic crisis, and whose work is most likely to prevent future crises. He is Professor of Economics & Finance at the University of Western Sydney and author of "Debunking Economics" (2012).


Extended Biography of Steve Keen

Dr. Keen was one of the handful of economists to realize that a serious economic crisis was coming our way, and to publicly warn of it from as early as December 2005 (http://mpra.ub.uni-muenchen.de/15892/). This, and his pioneering work on modeling debt-deflation, resulted in him winning the Revere Award from the Real World Economics Review (http://rwer.wordpress.com/) for being the economist whose work is most likely to prevent a future financial crisis. He is one of the handful of economists to receive a grant from the Institute for New Economic Thinking (http://www.ineteconomics.org).

Dr. Keen was able to predict the crisis due to economic work that expands upon Keyes, Fischer, and Minsky, utilizing an accounting, flow of funds or circuit model. He was one of the few economists studied for the paper "No One Saw This Coming" (2009) by Bezemer, Dirk J. He is commonly interviewed by TV stations and written up in the press. He is often invited to meetings of financial advisors, hedge funds and economic conferences, world wide.

It's Time to Put Money Into the Equation (includes video interview)

Dr. Keen maintains a highly influential blog on economics (www.debtdeflation.com/blogs) and his book Debunking Economics is a classic exposition of why Neoclassical economic theory is not only wrong, but more of a threat to the survival of capitalism than any number of left-wing revolutionaries. The second extended edition was published in October 2011.

Dr. Keen is Professor of Economics & Finance at the University of Western Sydney, and author of the popular book Debunking Economics (Zed Books UK, 2001; www.debunkingeconomics.com). He has over 70 academic publications on topics as diverse as financial instability, the money creation process, mathematical flaws in the conventional model of supply and demand, flaws in Marxian economics, the application of physics to economics, Islamic finance, and the role of chaos and complexity theory in economics. His work has been translated into Chinese, German and Russian.

Steve Keen's Debtwatch blog (http://www.debtdeflation.com/blogs) makes his non-orthodox approach to economics available to the public. The site has over 12,000 subscribers and more than 50,000 unique readers each month.

Dr. Keen's excellent communication skills were honed in his pre-academic career, which included stints as a school librarian, education officer for an NGO, conference organizer, computer programmer, journalist for the computer press, and economic commentator for ABC Radio National and Radio Australia.

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