Binymash: "I haveo accept the humanitye responds to a threat until after the threats manifest itself" Binymash's advice for young people who become aware of flaws in economic theory. Dont quasto tom doing in economics degree, go indo system dynamics instead. Apply that to economics if you want to work in economics itself, but do not learn economic theory directly.
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