ProfSteveKeen
#stevekeen #worldorder #changingworldorder #bancor #china
https://www.youtube.com/watch?v=WH-yTE26kOE


Why are houses unaffordable from London to Sydney?
It’s not just “supply & demand” — it’s the rocket fuel of bank-created mortgage credit.
Steve Keen uses long-run BIS data to show how real house prices were flat for a century, then exploded after the 1980s when banks unleashed mortgage lending. The real driver? Not the level of debt, but the change in the change of mortgage debt — the credit impulse.
#HousingCrisis #PrivateDebt #CreditBubble #SteveKeen #Economics #HousePrices #DebtDynamics #Macroprudential #Inequality #PropertyBubble
Again, people. Neoclassical economics is broken: It ignores private debt, making the WRONG assumption that it’s just transfer of spending power from one actor to another, when in fact the data overwhelmingly shows that private credit inversely correlates with the economic boom/bust cycles of capitalism.
You may not like Professor Steve Keen, but his theories are simply better than neoclassical mainstream supply/demand equilibrium economics.
From
https://youtube.com/watch?v=TZdjT8TaQPc
#economics #stevekeen
“If your model can’t reproduce the great depression, it’s not a model of the capitalist economy”
Whether you like all of Prof. Steve Keen’s opinions or not, you have to listen to his economy theory.
We keep missing coming economic crises because the neoclassical models are completely wrong, especially about debt.
https://www.youtube.com/watch?v=9TDSGSg6rr4
#economy #models #stevekeen #economiccrash #debt #instability #monetarysystem #capitalism
The solutions put forward look worthy of investigation and being widely debated.
(EDIT: After reading "economic explanations" I missed "Show more" so didn't see the Doctorow link to an easier presentation. The following may be extraneous.)
And diverse ways of communicating the solutions need to be developed.
Not everyone is prepared to engage in cave diving, nor in reading economic explanations of finer points.
Pluralistic: How to fix the UK housing crisis (13 Oct 2025)
https://fed.brid.gy/r/https://pluralistic.net/2025/10/13/castles-not-assets/
#FYI #HerbSimmens #ClimateEmergencyForum #SteveKeen #economy #economics #growth #exponentialgrowth
Excellent lecture! Steve Keen dismantling the "idiot savant economists". Thank you sir.
https://www.youtube.com/watch?v=EHQjeYQA35w
#climatechange #ClimateEmergency #ClimateCrisis #ClimateBreakdown #ClimateDisruption #globalWarming #globalHeating #ExtremeWeather #EcosystemCollapse #systemcollapse #ecocide #fossilfuels #Co2 #Co2Emissions #GreenhouseGases #polycrisis