Technology is the useful energy derived from a machine. And that's where our wealth has come from. The standard explanation of the solo residual as. They don't really know what created our massive wealth, but it looks like it's in that technology part of the equation. Yet, to borrow your phrase, technology without energy is a sculpture. Yes, exactly.
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