Description
"Schumpeter's argument, it's the deviation from equilibrium that's where all the fun happens, that's where all the magic lies."
Dive deep with us as we explore Austrian Economics and Schumpeter's revolutionary vision of capitalism. Understand the intricate dance between equilibrium, innovation, and finance that drives our economic systems. Discover how entrepreneurship, money creation, and financial engines have shaped the dynamic world of capitalism we experience today.
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Who is Dr. Steve Keen?
Dr. Steve Keen is an influential economist who has dedicated over 50 years to challenging mainstream economic theories. Since his days as a university student, he has been engaged in a David vs. Goliath battle against conventional economic models. Holding a Ph.D. in economics, Dr. Keen is well-known for his critical analysis and advocacy for more realistic economic approaches. His work emphasizes the importance of accounting for financial instability and incorporates elements of complex systems theory. Engineers, finance professionals, and IT experts will appreciate his methodical breakdown of economic phenomena and his development of the Minsky software, which models financial crises. Dr. Keen's contributions are crucial for anyone seeking a deeper understanding of how economic systems can impact technological and financial environments. His teachings offer valuable insights into the economic forces shaping our world. By following his analysis, professionals can gain a better grasp of economic dynamics that influence their fields.
"Money doesn't cause inflation; people cause inflation."
Join renowned economist Steve Keen as he dismantles the conventional wisdom surrounding inflation in this eye-opening discussion. Delving into the complexities of economic theory, Keen challenges the mainstream narrative that blames...
Published 10/11/24
"The biggest danger in capitalism is the debt deflation, far more dangerous than inflation."
Join Steve Keen as he explores the profound insights of economist Irving Fisher and his transformation from a mainstream advocate to a critic during the Great Depression. In this engaging discussion, Keen...
Published 10/07/24