What HAPPENED To Steve Keen? YouTube video by Relearning Economics

Lastest livestream with Dr. Steve Keen.
www.youtube.com/live/gcrtc0u...

"The great events of history are often due to secular changes in the growth of population and other fundamental economic causes, but are often attributed to the follies of statesmen or the fanaticism of atheists."

-John Maynard Keynes

"It would be unfair to blame Lord Keynes too much for the undoubted harm his theories have done, for I am convinced from personal knowledge that had he lived he would have been one of the leaders in the fight against the postwar inflation."

-Friedrich Hayek

''For my part I think that capitalism, wisely managed, can probably be made more efficient for attaining economic ends than any alternative system yet in sight, but that in itself it is in many ways extremely objectionable.''

-John Maynard Keynes

"There are two kinds of (economic) forecasters: those who don't know, and those who don't know they don't know."

-John Kenneth Galbraith

a close up of a woman 's face with a hypnotic look on her eyes ALT: a close up of a woman 's face with a hypnotic look on her eyes

Economics is the only field where staying up until 3 am scrolling TikTok before a 8 am meeting is considered a perfectly rational choice, just a revealed preference for sleep deprivation.

"Teach a parrot the terms 'supply and demand' and you've got an economist."

-Thomas Carlyle

"Land is the source or matter from which all wealth is drawn, man's labor provides the form for its production, and wealth in itself is nothing but food, conveniences, and the pleasure of life."

-Richard Cantillon

Living the good life for a minute today.

The biggest error among progressive policy supporters is treating policies as competitors. Once you rank them against each other, you create the conditions where none of them pass.

''Even a modest Basic Income program could become a stepping-stone toward the most profound transformation of all: to unlatch work from livelihood entirely.''

-David Graeber

An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen today."

-Lawrence J. Peter

Financial Crash Expert: In 3 months We’ll Enter A Famine! If Iran Doesn’t Surrender It's The End! YouTube video by The Diary Of A CEO

Let be honest. Steve Keen is an extremely popular heterodox economist. That makes a lot of mainstream and other heterodox economists extremely uncomfortable.

Lex Friedman✅
Steve Bartlett✅
Joe Rogan podcast next💥

Haters are gonna hate...😉
youtu.be/PUO51DoSEqk?...

''The Deep State is reacting with shock at how this right-wing real estate grifter has been able to drive other countries to defend themselves by dismantling the U.S.-centered world order.''

-Michael Hudson

In many of the economic journal articles I read, the attitude is that of an exercise in formal logic rather than that of a search for useful solutions of real economic problems.

''It should first be stated that a joint-stock company is not a 'brotherhood of shareholders' but is managed by a controlling group of big shareholders while the rest of the shareholders do not differ from holders of bonds with a flexible rate of interest.''

-Michał Kalecki

Social media creates a strange incentive structure. You can't hedge your position. Acknowledging uncertainty or multiple perspectives doesn't signal thoughtfulness, it signals disloyalty.

The more open you are, the less the closed-minded will tolerate you.

Workers: Is Minimum Wage Their Ally or Enemy? YouTube video by Relearning Economics

Going live in 15 on YouTube. Talking about minimum wage policy with Dr. Steve Keen.
www.youtube.com/live/2U0mEVD...

"There is only one difference between a bad economist and a good one: the bad economist confines himself to the visible effect; the good economist takes into account both the effect that can be seen and those effects that must be foreseen."

-Frédéric Bastiat

''In truth, the gold standard is already a barbarous relic.''

-John Maynard Keynes

''There is an unearthly, mystical element in Friedman's thought. The mere existence of a stock of money somehow promotes expenditure. But insofar as he offers an intelligible theory, it is made up of elements borrowed from Keynes.''

-Joan Robinson

''Most World Bank loans are for transportation, roads, harbor development and other infrastructure needed to export minerals and plantation crops. The World Bank doesn’t make loans for projects that help the country develop in its own currency.''

-Michael Hudson

''The great tragedy of the global economic malaise is that it is caused by a shortage of something that is essentially costless to produce: money.''

-Steve Keen

“Such a secondary depression caused by an induced deflation should of course be prevented by appropriate monetary counter-measures. Though I am sometimes accused of having represented the deflationary cause of the business cycles as part of the curative process"

-Friedrich Hayek

Season 7 - Episode 3 - William Stanley Jevons Podcast Episode · Economics In Ten · 17 October 2023 · 1hr 29min

Learn more about the life and ideas of Jevons with our podcast. #EconSky podcasts.apple.com/gb/podcast/s...

''It is my guiding confession that I believe the greatest error in economics is in seeing the economy as a stable, immutable structure.''

-John Kenneth Galbraith

"If we wished to have a complete solution of the problem in all its natural complexity, we should have treat it as a problem of motion - a problem of dynamics"

-William Stanley Jevons

''The outstanding faults of the economic society in which we live are its failure to provide for full employment and its arbitrary and inequitable distribution of wealth and incomes.''

-John Maynard Keynes

"What is a debt, anyway? A debt is just the perversion of a promise. It is a promise corrupted by both math and violence."

-David Graeber

"The myth that holds that the great corporation is the puppet of the market, the powerless servant of the consumer, is, in fact one of the devices by which its power is perpetuated."

-John Kenneth Galbraith