Economists are misdiagnosed in the standard corps assumption in neo classical economics. The work that i've read on climate change by nere classical economists is the worst work i've read in 50 years of reading economics, literally the worst. And yet they win no bel prizes, are it? Yes, it's mainly because they're defending the religion, not because they're doin anything sensible.
On this episode, we meet with Economist, Author, and Research Fellow at the Institute for Strategy, Resilience, and Security at University College in London, Steve Keen.
Keen discusses how mainstream economics misses the centrality of energy to our economy and to our futures, the naive treatment to the risks of money and debt creation, and the disconnect economic theory has to climate change risks.
About Steve Keen:
Steve Keen is an economist, author of Debunking Economics and The New Economics: A Manifesto, a Research Fellow at the Institute for Strategy, Resilience, and Security at University College in London.
For Show Notes and Transcript visit: https://www.thegreatsimplification.com/episode/30-steve-keen