Silver as an investment

Category Archives: Steve Keen

Keen vs. Keen: Will the Real Steve Keen Please Stand Up? / Mike “Mish” Shedlock / Tuesday, October 27, 2015 3:31 AM Economists Prove That Capitalism Is Unnecessary Several readers sent me a link to Economists Prove That Capitalism Is Unnecessary. The title was hardly surprising, given that is what many economic illiterates think. However, I was startled to find out it was written by Steve Keen, […]

Steve Keen on Economic Forecasts, Ponzi Schemes, GDP, China; One Way Streets and Poison / Mike “Mish” Shedlock / Friday, August 28, 2015 12:47 AM Economic Forecasts Economist Steve Keen pinged me in response to my post Regional Manufacturing Expectations From Mars. In that post, I compared Richmond Fed manufacturing survey expectations (six month look ahead projections made in February for August), to what actually happened in August. In response, […]

Steve Keen – Lessons On The Fiscal Cliff From The 1930s / By Tyler Durden / December 10, 2012, 20:43 The infamous debunker of most-things-classically-economic was recently asked to brief Congress on the fiscal cliff, and how the downturn of 1937 could be a foretaste of what will happen if the Cliff comes to pass. The paper, slides, and presentation – designed to be simple enough for Dennis Kucinich and his colleagues in […]


The screen recording of my talk to the Canadian Centre for Policy Alternatives on the Debt Bubble and its implications for Canada. I cover my Minskian analysis of the Depression in general, and conclude with data on the Canadian economy. The mortgage acceleration data in particular implies that the Canadian house price bubble–which is not […]

Keiser Report: Zombie Bank Apocalypse (E307)

In this episode, Max Keiser and co-host, Stacy Herbert, demand the big banks prove they are not dead by removing the life support systems, especially cufflinky Jamie Dimon’s Too-Big-To-Fail bank. In the second half of the show Max talks to Professor Steve Keen about the wages being negatively related to the level of interest rates […]

Steve Keen: Why 2012 is Shaping Up to be a Particularly Ugly Year

At the high level, our global economic plight is quite simple to understand says noted Australian deflationist Steve Keen. Banks began lending money at a faster rate than the global economy grew, and we’re now at the turning point where we simply have run out of new borrowers for the ever-growing debt the system has […]

Krugman “Knocked out of Neoclassical Orbit” by Steve Keen’s Meteoric Rise!

Welcome to Capital Account! The internet has been abuzz over the blogosphere boxing match between Nobel Laureate and New York Times columnist Paul Krugman and debunker of economic conventional wisdom and superhero economist, Steve Keen. Remember that game “Mike Tyson’s Punch Out?” Well, let’s just say that Steve Keen gave Paul Krugman one upper-cut too […]

Steve Keen on the transmutation of Zombie Banking into Zombie Government!

  Uploaded by CapitalAccount on Feb 28, 2012 Follow us @ Ireland will reportedly hold a referendum on Europe’s new fiscal treaty for stricter budget discipline. The former prime minister is against it, saying a no vote could force ireland out of the euro. We’ve seen referendums called for before in the Eurozone […]