|Available from Zed Books|
If you believe Republican politicians like Paul Ryan and John Boehner, the United States has a crushing sovereign debt problem. But is private debt, the mortgage and credit card debt held by everyday Americans, the real drag on the economy? Steve Keen is Professor of Economics and Finance at the University of Western Sydney, Australia, and a world renowned authority on a wide range of macroeconomic issues, including debt, financial instability, and monetary theory. A frequent critic of mainstream economists, he predicted the financial collapse of 2008 and received the Revere Award from the Real World Economics Review for his cutting analysis of contemporary economic trends. Professor Keen's book Debunking Economics - Revised and Expanded Edition: The Naked Emperor Dethroned? is a must-read for anyone interested in learning about how we got into our current financial mess.
Part 1: What Capitalism Must Do To Survive
Part 2: The New Modern Jubilee