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  1. The West chose paper. China chose production.
    Economist Steve Keen lays it out:
    • 40% lower US per capita income vs pre-neoliberal trends
    • 60% of China's leaders are engineers—they build 50-year plans, not 4-year election cycles
    • US infrastructure: C-minus. China: breaking bridge records in 2026

    The 21st century won't be won by rhetoric. It'll be won by competence.

    #Economy #China #Infrastructure #SteveKeen #WorldOrder #USA #Capitalism #IndustrialPolicy

    youtube.com/watch?v=763MsHhxmTM

  2. The West chose paper. China chose production.
    Economist Steve Keen lays it out:
    • 40% lower US per capita income vs pre-neoliberal trends
    • 60% of China's leaders are engineers—they build 50-year plans, not 4-year election cycles
    • US infrastructure: C-minus. China: breaking bridge records in 2026

    The 21st century won't be won by rhetoric. It'll be won by competence.

    #Economy #China #Infrastructure #SteveKeen #WorldOrder #USA #Capitalism #IndustrialPolicy

    youtube.com/watch?v=763MsHhxmTM

  3. The West chose paper. China chose production.
    Economist Steve Keen lays it out:
    • 40% lower US per capita income vs pre-neoliberal trends
    • 60% of China's leaders are engineers—they build 50-year plans, not 4-year election cycles
    • US infrastructure: C-minus. China: breaking bridge records in 2026

    The 21st century won't be won by rhetoric. It'll be won by competence.

    #Economy #China #Infrastructure #SteveKeen #WorldOrder #USA #Capitalism #IndustrialPolicy

    youtube.com/watch?v=763MsHhxmTM

  4. The West chose paper. China chose production.
    Economist Steve Keen lays it out:
    • 40% lower US per capita income vs pre-neoliberal trends
    • 60% of China's leaders are engineers—they build 50-year plans, not 4-year election cycles
    • US infrastructure: C-minus. China: breaking bridge records in 2026

    The 21st century won't be won by rhetoric. It'll be won by competence.

    #Economy #China #Infrastructure #SteveKeen #WorldOrder #USA #Capitalism #IndustrialPolicy

    youtube.com/watch?v=763MsHhxmTM

  5. The West chose paper. China chose production.
    Economist Steve Keen lays it out:
    • 40% lower US per capita income vs pre-neoliberal trends
    • 60% of China's leaders are engineers—they build 50-year plans, not 4-year election cycles
    • US infrastructure: C-minus. China: breaking bridge records in 2026

    The 21st century won't be won by rhetoric. It'll be won by competence.

    #Economy #China #Infrastructure #SteveKeen #WorldOrder #USA #Capitalism #IndustrialPolicy

    youtube.com/watch?v=763MsHhxmTM

  6. Steve Keen's new YT proves that the Neoliberal Project has been an "epic failure." He draws a straight line between the fantasies & fallacies of Neoclassical ("mainstream") Economics and the broken promises of Neoliberal policies. This one hits hard! 18 minutes

    youtu.be/TzvAtOOfhuo

    #NeoliberalFailure #NeoclassicalNonsense #EpicFailure #BrokenPromises #SteveKeen

  7. Steve Keen's new YT proves that the Neoliberal Project has been an "epic failure." He draws a straight line between the fantasies & fallacies of Neoclassical ("mainstream") Economics and the broken promises of Neoliberal policies. This one hits hard! 18 minutes

    youtu.be/TzvAtOOfhuo

    #NeoliberalFailure #NeoclassicalNonsense #EpicFailure #BrokenPromises #SteveKeen

  8. Steve Keen's new YT proves that the Neoliberal Project has been an "epic failure." He draws a straight line between the fantasies & fallacies of Neoclassical ("mainstream") Economics and the broken promises of Neoliberal policies. This one hits hard! 18 minutes

    youtu.be/TzvAtOOfhuo

    #NeoliberalFailure #NeoclassicalNonsense #EpicFailure #BrokenPromises #SteveKeen

  9. Steve Keen's new YT proves that the Neoliberal Project has been an "epic failure." He draws a straight line between the fantasies & fallacies of Neoclassical ("mainstream") Economics and the broken promises of Neoliberal policies. This one hits hard! 18 minutes

    youtu.be/TzvAtOOfhuo

    #NeoliberalFailure #NeoclassicalNonsense #EpicFailure #BrokenPromises #SteveKeen

  10. Here's a fantastic - and all too rare - example of speaking truth to power! Economist Steve Keen gave former Trump advisor Stephen Moore a heaping helping in a recent Piers Morgan interview. Moore's tiny little brain nearly exploded when Keen said "You're the bad guys!" after Moore intoned about the evils of the Iranian government.

    A ten-minute segment is here: youtube.com/watch?v=34ljs1ysnl8

    If you have time for the full episode, it's here:
    youtube.com/watch?v=dbVdnL6HWOg

    Enjoy!

    #SteveKeen #TruthtoPower

  11. Here's a fantastic - and all too rare - example of speaking truth to power! Economist Steve Keen gave former Trump advisor Stephen Moore a heaping helping in a recent Piers Morgan interview. Moore's tiny little brain nearly exploded when Keen said "You're the bad guys!" after Moore intoned about the evils of the Iranian government.

    A ten-minute segment is here: youtube.com/watch?v=34ljs1ysnl8

    If you have time for the full episode, it's here:
    youtube.com/watch?v=dbVdnL6HWOg

    Enjoy!

    #SteveKeen #TruthtoPower

  12. Here's a fantastic - and all too rare - example of speaking truth to power! Economist Steve Keen gave former Trump advisor Stephen Moore a heaping helping in a recent Piers Morgan interview. Moore's tiny little brain nearly exploded when Keen said "You're the bad guys!" after Moore intoned about the evils of the Iranian government.

    A ten-minute segment is here: youtube.com/watch?v=34ljs1ysnl8

    If you have time for the full episode, it's here:
    youtube.com/watch?v=dbVdnL6HWOg

    Enjoy!

    #SteveKeen #TruthtoPower

  13. Here's a fantastic - and all too rare - example of speaking truth to power! Economist Steve Keen gave former Trump advisor Stephen Moore a heaping helping in a recent Piers Morgan interview. Moore's tiny little brain nearly exploded when Keen said "You're the bad guys!" after Moore intoned about the evils of the Iranian government.

    A ten-minute segment is here: youtube.com/watch?v=34ljs1ysnl8

    If you have time for the full episode, it's here:
    youtube.com/watch?v=dbVdnL6HWOg

    Enjoy!

    #SteveKeen #TruthtoPower

  14. Here's a fantastic - and all too rare - example of speaking truth to power! Economist Steve Keen gave former Trump advisor Stephen Moore a heaping helping in a recent Piers Morgan interview. Moore's tiny little brain nearly exploded when Keen said "You're the bad guys!" after Moore intoned about the evils of the Iranian government.

    A ten-minute segment is here: youtube.com/watch?v=34ljs1ysnl8

    If you have time for the full episode, it's here:
    youtube.com/watch?v=dbVdnL6HWOg

    Enjoy!

    #SteveKeen #TruthtoPower

  15. “A static state is imaginary. All actual #societies are #dynamic; and those that we have principally to study are highly so. Heroically theoretical is the study that creates, in imagination, a static society.” open.substack.com/pub/profstev... #economics #equilibriumanalysis #DSGE #SteveKeen

    Equilibrium (is) for Dummies

  16. “A static state is imaginary. All actual #societies are #dynamic; and those that we have principally to study are highly so. Heroically theoretical is the study that creates, in imagination, a static society.” open.substack.com/pub/profstev... #economics #equilibriumanalysis #DSGE #SteveKeen

    Equilibrium (is) for Dummies

  17. “A static state is imaginary. All actual #societies are #dynamic; and those that we have principally to study are highly so. Heroically theoretical is the study that creates, in imagination, a static society.” open.substack.com/pub/profstev... #economics #equilibriumanalysis #DSGE #SteveKeen

    Equilibrium (is) for Dummies

  18. “A static state is imaginary. All actual #societies are #dynamic; and those that we have principally to study are highly so. Heroically theoretical is the study that creates, in imagination, a static society.” open.substack.com/pub/profstev... #economics #equilibriumanalysis #DSGE #SteveKeen

    Equilibrium (is) for Dummies

  19. “A static state is imaginary. All actual #societies are #dynamic; and those that we have principally to study are highly so. Heroically theoretical is the study that creates, in imagination, a static society.” open.substack.com/pub/profstev... #economics #equilibriumanalysis #DSGE #SteveKeen

    Equilibrium (is) for Dummies

  20. 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

    m.youtube.com/watch?v=8aWelA1I

  21. 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

    m.youtube.com/watch?v=8aWelA1I

  22. 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

    m.youtube.com/watch?v=8aWelA1I

  23. 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

    m.youtube.com/watch?v=8aWelA1I

  24. 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

    m.youtube.com/watch?v=8aWelA1I

  25. It is as absurd to assume that, for any long period of time, the variables in the #economic organization, or any part of them, will “stay put,” in perfect equilibrium, as to assume that the Atlantic Ocean can ever be without a wave” open.substack.com/pub/profstev... #GreatDepression #debt #SteveKeen

    What caused the Great Depressi...

  26. It is as absurd to assume that, for any long period of time, the variables in the #economic organization, or any part of them, will “stay put,” in perfect equilibrium, as to assume that the Atlantic Ocean can ever be without a wave” open.substack.com/pub/profstev... #GreatDepression #debt #SteveKeen

    What caused the Great Depressi...

  27. It is as absurd to assume that, for any long period of time, the variables in the #economic organization, or any part of them, will “stay put,” in perfect equilibrium, as to assume that the Atlantic Ocean can ever be without a wave” open.substack.com/pub/profstev... #GreatDepression #debt #SteveKeen

    What caused the Great Depressi...

  28. It is as absurd to assume that, for any long period of time, the variables in the #economic organization, or any part of them, will “stay put,” in perfect equilibrium, as to assume that the Atlantic Ocean can ever be without a wave” open.substack.com/pub/profstev... #GreatDepression #debt #SteveKeen

    What caused the Great Depressi...

  29. 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
    youtube.com/watch?v=TZdjT8TaQPc
    #economics #stevekeen

  30. 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
    youtube.com/watch?v=TZdjT8TaQPc
    #economics #stevekeen

  31. 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
    youtube.com/watch?v=TZdjT8TaQPc
    #economics #stevekeen

  32. 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
    youtube.com/watch?v=TZdjT8TaQPc
    #economics #stevekeen

  33. 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
    youtube.com/watch?v=TZdjT8TaQPc
    #economics #stevekeen

  34. “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.

    youtube.com/watch?v=9TDSGSg6rr4

    #economy #models #stevekeen #economiccrash #debt #instability #monetarysystem #capitalism

  35. “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.

    youtube.com/watch?v=9TDSGSg6rr4

    #economy #models #stevekeen #economiccrash #debt #instability #monetarysystem #capitalism

  36. “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.

    youtube.com/watch?v=9TDSGSg6rr4

    #economy #models #stevekeen #economiccrash #debt #instability #monetarysystem #capitalism

  37. “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.

    youtube.com/watch?v=9TDSGSg6rr4

    #economy #models #stevekeen #economiccrash #debt #instability #monetarysystem #capitalism

  38. “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.

    youtube.com/watch?v=9TDSGSg6rr4

    #economy #models #stevekeen #economiccrash #debt #instability #monetarysystem #capitalism

  39. @RaymondPierreL3

    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.

    #HomeOwnership #PILL #AHA #SteveKeen

  40. @RaymondPierreL3

    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.

    #HomeOwnership #PILL #AHA #SteveKeen

  41. @RaymondPierreL3

    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.

    #HomeOwnership #PILL #AHA #SteveKeen

  42. @RaymondPierreL3

    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.

    #HomeOwnership #PILL #AHA #SteveKeen

  43. @RaymondPierreL3

    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.

    #HomeOwnership #PILL #AHA #SteveKeen

  44. Prof Steve Keen exposes the drastic harm of climate policies based on spurious economics.

    This 17- min yt debunks the execrable climate work of Prof Wm Nordhaus, author of a paper savaging The Limits to Growth (on deceptive premises) shortly after its 1972 publication.

    We have all been paying for policies, laws, and practices dismissive of the effects of global heating ever since. It's bad, folks!

    #SteveKeen #GlobalHeating #Econ #ClimateScience
    #ScienceBasedEconomics

    youtu.be/QGfaqALkc40

  45. Prof Steve Keen exposes the drastic harm of climate policies based on spurious economics.

    This 17- min yt debunks the execrable climate work of Prof Wm Nordhaus, author of a paper savaging The Limits to Growth (on deceptive premises) shortly after its 1972 publication.

    We have all been paying for policies, laws, and practices dismissive of the effects of global heating ever since. It's bad, folks!

    #SteveKeen #GlobalHeating #Econ #ClimateScience
    #ScienceBasedEconomics

    youtu.be/QGfaqALkc40

  46. Prof Steve Keen exposes the drastic harm of climate policies based on spurious economics.

    This 17- min yt debunks the execrable climate work of Prof Wm Nordhaus, author of a paper savaging The Limits to Growth (on deceptive premises) shortly after its 1972 publication.

    We have all been paying for policies, laws, and practices dismissive of the effects of global heating ever since. It's bad, folks!

    #SteveKeen #GlobalHeating #Econ #ClimateScience
    #ScienceBasedEconomics

    youtu.be/QGfaqALkc40

  47. Prof Steve Keen exposes the drastic harm of climate policies based on spurious economics.

    This 17- min yt debunks the execrable climate work of Prof Wm Nordhaus, author of a paper savaging The Limits to Growth (on deceptive premises) shortly after its 1972 publication.

    We have all been paying for policies, laws, and practices dismissive of the effects of global heating ever since. It's bad, folks!

    #SteveKeen #GlobalHeating #Econ #ClimateScience
    #ScienceBasedEconomics

    youtu.be/QGfaqALkc40

  48. Prof Steve Keen exposes the drastic harm of climate policies based on spurious economics.

    This 17- min yt debunks the execrable climate work of Prof Wm Nordhaus, author of a paper savaging The Limits to Growth (on deceptive premises) shortly after its 1972 publication.

    We have all been paying for policies, laws, and practices dismissive of the effects of global heating ever since. It's bad, folks!

    #SteveKeen #GlobalHeating #Econ #ClimateScience
    #ScienceBasedEconomics

    youtu.be/QGfaqALkc40

  49. @kottke btw, Prof Keen recently addressed the UK actuarial society too - and he's a close friend of one of the authors of the actuaries' report.*

    Simply stated, Prof Keen is deeply conversant with climate science. The same can not be said of the "mainstream."

    * actuaries.org.uk/document-libr

    #SteveKeen #EconomicsKills
    #ThreeDegreesIsCatastrophic

  50. @kottke btw, Prof Keen recently addressed the UK actuarial society too - and he's a close friend of one of the authors of the actuaries' report.*

    Simply stated, Prof Keen is deeply conversant with climate science. The same can not be said of the "mainstream."

    * actuaries.org.uk/document-libr

    #SteveKeen #EconomicsKills
    #ThreeDegreesIsCatastrophic

  51. @kottke btw, Prof Keen recently addressed the UK actuarial society too - and he's a close friend of one of the authors of the actuaries' report.*

    Simply stated, Prof Keen is deeply conversant with climate science. The same can not be said of the "mainstream."

    * actuaries.org.uk/document-libr

    #SteveKeen #EconomicsKills
    #ThreeDegreesIsCatastrophic