PART 3: Steve Keen — Local Future 2010 Conference on Sustainability: Energy, Economy & Environment
Q&A of Steve Keen's Speech
Steve Keen is Associate Professor of Economics & Finance at the University of Western Sydney, Australia and author of the book "Debunking Economics". In 2010, Keen received the Revere Award from the Real World Economics Review for most cogently warned of the crisis, and whose work is most likely to prevent future crises.
Steve Keen was given one and a half hours to present at the Local Future event, which gave him the opportunity to present a comprehensive treatment of the dynamics of credit money and the “Global Financial Crisis” (to use the Australian moniker for it) or “Great Recession” (as economists in the US refer to it).
Download
Professor Steve Keen's website is Steve Keen’s Debtwatch
Source: Steve Keen’s Debtwatch
Aired: 11/13/10 12:00 AM
Showing posts with label Debt Saturation. Show all posts
Showing posts with label Debt Saturation. Show all posts
Friday, December 10, 2010
PART 2: Steve Keen — Local Future 2010 Conference on Sustainability: Energy, Economy & Environment
PART 2: Steve Keen — Local Future 2010 Conference on Sustainability: Energy, Economy & Environment
Steve Keen's Speech
Steve Keen is Associate Professor of Economics & Finance at the University of Western Sydney, Australia and author of the book "Debunking Economics". In 2010, Keen received the Revere Award from the Real World Economics Review for most cogently warned of the crisis, and whose work is most likely to prevent future crises.
Steve Keen was given one and a half hours to present at the Local Future event, which gave him the opportunity to present a comprehensive treatment of the dynamics of credit money and the “Global Financial Crisis” (to use the Australian moniker for it) or “Great Recession” (as economists in the US refer to it).
Download
Professor Steve Keen's website is Steve Keen’s Debtwatch
Source: Steve Keen’s Debtwatch
Aired: 11/13/10 12:00 AM
Steve Keen's Speech
Steve Keen is Associate Professor of Economics & Finance at the University of Western Sydney, Australia and author of the book "Debunking Economics". In 2010, Keen received the Revere Award from the Real World Economics Review for most cogently warned of the crisis, and whose work is most likely to prevent future crises.
Steve Keen was given one and a half hours to present at the Local Future event, which gave him the opportunity to present a comprehensive treatment of the dynamics of credit money and the “Global Financial Crisis” (to use the Australian moniker for it) or “Great Recession” (as economists in the US refer to it).
Download
Professor Steve Keen's website is Steve Keen’s Debtwatch
Source: Steve Keen’s Debtwatch
Aired: 11/13/10 12:00 AM
PART 1: Steve Keen — Local Future 2010 Conference on Sustainability: Energy, Economy & Environment
PART 1: Steve Keen — Local Future 2010 Conference on Sustainability: Energy, Economy & Environment
Aaron Wissner’s introduction
Steve Keen is Associate Professor of Economics & Finance at the University of Western Sydney, Australia and author of the book "Debunking Economics". In 2010, Keen received the Revere Award from the Real World Economics Review for most cogently warned of the crisis, and whose work is most likely to prevent future crises.
Steve Keen was given one and a half hours to present at the Local Future event, which gave him the opportunity to present a comprehensive treatment of the dynamics of credit money and the “Global Financial Crisis” (to use the Australian moniker for it) or “Great Recession” (as economists in the US refer to it).
Download
Professor Steve Keen's website is Steve Keen’s Debtwatch
Source: Steve Keen’s Debtwatch
Aired: 11/13/10 12:00 AM
Aaron Wissner’s introduction
Steve Keen is Associate Professor of Economics & Finance at the University of Western Sydney, Australia and author of the book "Debunking Economics". In 2010, Keen received the Revere Award from the Real World Economics Review for most cogently warned of the crisis, and whose work is most likely to prevent future crises.
Steve Keen was given one and a half hours to present at the Local Future event, which gave him the opportunity to present a comprehensive treatment of the dynamics of credit money and the “Global Financial Crisis” (to use the Australian moniker for it) or “Great Recession” (as economists in the US refer to it).
Download
Professor Steve Keen's website is Steve Keen’s Debtwatch
Source: Steve Keen’s Debtwatch
Aired: 11/13/10 12:00 AM
Saturday, May 22, 2010
Bryan Kavanagh — "The Earth’s Worth" on Renegade Economist, 3CR (May/5/10)
Land rent, Economic rent: The Earth’s Worth Secretly Supported by Economists: Bryan Kavanagh analyses the Henry Tax Review following Karl’s salvo on global economic issues.
On his death in 1988, Hutchinson was succeeded by Bryan Kavanagh. As a professional property valuer and a student of Georgist economics, Kavanagh knew that the land market is characterized by bubble-burst cycles and that the bursts are followed by recessions in the wider economy. On this basis he had predicted, in an article published in The Valuer in July 1987, that the next recession would be in 1991/2. This was correct to within one year. Seeking a reliable method of diagnosing a land bubble, Kavanagh began aggregating statistics on property turnover in the several Australian States since 1972, and eventually noticed that whenever the turnover exceeded 19% of GDP in a nationwide trend, and then returned below 19% (as it always did), recession followed within 2 years. He concluded that the ratio of property turnover to GDP is a veritable barometer of the economy, and that a ratio exceeding 19% indicates an economically damaging bubble. He is therefore unimpressed by the Greenspan doctrine that one cannot recognize a bubble until it bursts. Australian real estate re-entered bubble territory, according to Kavanagh's criterion, in 1999 or 2000.
Download
Bryan Kavanagh blogs at the Land Values Research Group: Economics as if location matters (Prosper Australia)
Source: Renegade Economists
Aired: 5/5/10 12:00 AM
On his death in 1988, Hutchinson was succeeded by Bryan Kavanagh. As a professional property valuer and a student of Georgist economics, Kavanagh knew that the land market is characterized by bubble-burst cycles and that the bursts are followed by recessions in the wider economy. On this basis he had predicted, in an article published in The Valuer in July 1987, that the next recession would be in 1991/2. This was correct to within one year. Seeking a reliable method of diagnosing a land bubble, Kavanagh began aggregating statistics on property turnover in the several Australian States since 1972, and eventually noticed that whenever the turnover exceeded 19% of GDP in a nationwide trend, and then returned below 19% (as it always did), recession followed within 2 years. He concluded that the ratio of property turnover to GDP is a veritable barometer of the economy, and that a ratio exceeding 19% indicates an economically damaging bubble. He is therefore unimpressed by the Greenspan doctrine that one cannot recognize a bubble until it bursts. Australian real estate re-entered bubble territory, according to Kavanagh's criterion, in 1999 or 2000.
Download
Bryan Kavanagh blogs at the Land Values Research Group: Economics as if location matters (Prosper Australia)
Source: Renegade Economists
Aired: 5/5/10 12:00 AM
Steve Keen — "Debt Saturation" on Renegade Economist, 3CR (April/21/10)
Land rent, Economic rent, Financial regulation: Debt Saturation: Prof Steve Keen sums up the motivating factors for debt as a free hit for policymakers. He also serves up a few critiques of geonomics. All fun and games – www.earthsharing.org.au
Australian economist Professor Steve Keen (University of Western Sydney) winner of the inaugural Revere Award for Economics (2nd and 3rd place finishers Nouriel Roubini of New York University and Dean Baker of the Center for Economic and Policy Research) and judged the economist who first and most cogently warned the world of the coming Global Financial Crisis argues that we are in a period of debt deflation and unemployment induced by debt saturation – particularly in the private sector – and deleveraging.
Download
Professor Steve Keen's website is Steve Keen’s Debtwatch
Source: Renegade Economists
Aired: 4/21/10 12:00 AM
Australian economist Professor Steve Keen (University of Western Sydney) winner of the inaugural Revere Award for Economics (2nd and 3rd place finishers Nouriel Roubini of New York University and Dean Baker of the Center for Economic and Policy Research) and judged the economist who first and most cogently warned the world of the coming Global Financial Crisis argues that we are in a period of debt deflation and unemployment induced by debt saturation – particularly in the private sector – and deleveraging.
Download
Professor Steve Keen's website is Steve Keen’s Debtwatch
Source: Renegade Economists
Aired: 4/21/10 12:00 AM
Subscribe to:
Posts (Atom)