Once you have a paradom in your head, it's edibly hard for somebody to break away from it. iv built the soft minski which i'm wearing. The ta short for h i thought that your tea shirt was reference himen, himenmen both. But it's actually minski softways. So there's my advertisement for minskik. What we should really be using in economics to model the economy is equilibrium concepts. And we need have system dinamics te can handle financial flows. Because money is a confusion tat doesn't have any real impact.
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