#stevekeen — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #stevekeen, aggregated by home.social.
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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: https://www.youtube.com/watch?v=34ljs1ysnl8
If you have time for the full episode, it's here:
https://www.youtube.com/watch?v=dbVdnL6HWOgEnjoy!
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“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 -
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
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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
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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
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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
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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
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“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
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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: Daily links from Cory Doctorow – No trackers, no ads. Black type, white background. Privacy policy: we don't collect or retain any data at all ever period. [Unofficial] @[email protected] ·Pluralistic: How to fix the UK housing crisis (13 Oct 2025)
https://web.brid.gy/r/https://pluralistic.net/2025/10/13/castles-not-assets/
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#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
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Prof Steve Keen recommended this short climate film to the seminars. So glad he did - I echo his recommendation! Strong shared themes with the climate elements of his critique of mainstream econ, incl. feedback loops, tipping points, and complex systems. And yet, accessible! An important film.
#ClimateExtremes:AtTheAbyss #SteveKeen #climatechange #systemdynamics #feedbackloops #tippingpoints #amoc
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Whew! Steve Keen's legacy seminar was a real treat today! Watching him building data-analysis models on-the-fly in his own systems dynamics & double-entry accounting program - Ravel - is poetry in motion!
He mentioned recently that he now has a promotions assistant who helps maintain his social media accounts; today I asked him if he and/or the assistant could set up an account on Mastodon. He said, "That's a good idea!" So, fingers crossed...
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#ClimateCatastrophy and the pending global financial crisis
(2/2)
...meltdown [due to climate change] would occur?"
#SteveKeen: 👉"It's going to be this decade."👈
*Head of School of Economics, History and Politics, #KingstonUniversity in London.
https://www.patreon.com/ProfSteveKeen
https://substack.com/@profstevekeen
https://www.youtube.com/@ProfSteveKeenCc @GhostOnTheHalfShell @economics-that-works @academicchatter
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#ClimateCatastrophy and the pending #GlobalFinancialCrisis
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#Economics professor that had been warning about a global financial and a public debt crisis since 2005 👉predicts the end of human civilization due to the #ClimateCrisis👈:
q: How serious do you think #GlobalWarming is?
#SteveKeen*: "I think, 👉human civilization will not survive!"👈
q: "When do you anticipate the next financial...
Source:
https://youtu.be/kiXTWs_sGl0?feature=sharedCc @GhostOnTheHalfShell @economics-that-works @academicchatter
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Can't win em all, man.
Economists don’t really get ergodicity. They put their bets on a Mars colony over Earth to save mankind.
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Apr 3
7 min video
Academics know there's something wrong with mainstream economics, yet it's given authoritative influence on climate|economic policy and it continues to monopolize research funding.
Academics need to bring this field to account. Here's a proposal to do just that. It's time to take a hard look at their methods.
Please BOOST this one and share the video. Talk about it with your colleagues.
🧵
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#SteveKeen on the incentives to bank Ponzi scheme in home lending.
1 min video
#economics #cheimgauer #freigeld #gesell #DasGeldSyndrom
As much as greed drives business, there’s a reason why the far right goes nuts over bankers beyond the dog whistling. They get thrown over a barrel too. Makes one wonder if there is any palliative effect in the community running finance for its own benefit owns of course business owned by its workers. (tldr: yes)
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Any #econtwit peeps know if #SteveKeen is headed this way?
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@sj_zero
> "More will be sent to bankers"Creditors not necessarily bankers.
Also don't forget they still have a moneyPump to bailOut there friends.
Professor #SteveKeen has a decent idea to pay down #debt while ensuring regular people and #savers are not disadvantaged but its unknown by us whether he has the ear of govts.
Also we are not fans of #JobGuarantee propositions — #degrowth is needed.
We find that monetary policy is really downstream from energy, though – and #peakOil.
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@openrisk
Without watching it sounds like what Prof. #SteveKeen has been pushing for over a year now? The main problem with them that we see is they require, de-anonomising ppl in terms of when and what they do.The actual remedy is moving to a #hardCurrency. There should be no way to stoke bubbles in an #economy, because it always leads to great #inequality with some ppl getting more help than others.
Taxing #consumption evenly based on #embeddedEnergy is best, and a #UBI.
@douginamug -
When he's not too occupied selling #ModernMonetaryTheory, we absolutely love hearing from #SteveKeen about his proposal for booting out all the crusty #Keynesian #economists from #universities and #thinkTanks.
His understanding of the impending #environmental issues and #collapse is undeniably precise too.
We don't share #AmazonSoundcloud links on Fedi. If you use Tor (tell us the banner she is holding when you open Tor) and we'll supply a link to you.
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When he's not too occupied selling #ModernMonetaryTheory, we absolutely love hearing from #SteveKeen about how his proposal for booting out all the crusty #Keynesian #economists from #universities and #thinkTanks.
His understanding of the impending #environmental issues #collapse is undeniably precise too.
We don't share #AmazonSoundcloud links on Fedi. If you use Tor, tell us the banner she is holding (when you open Tor) and we'll supply a link to you.
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It bares repeating to you, #Malthus predicted a third direction for humanity, in which we respect our #planetaryBounds.
Also, #LimitsToGrowth have been showing themselves in ways you seem not aware of. AlbertBartlett is celebrated for a reason and we strongly encourage anyone reading this to check out his lecture.
There's also #SpaceShipEconomy. We are not huge fans of #SteveKeen's #DebtJubilee ideas but he is right about climate issues
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@strypey
We love #SteveKeen's ideas.His work alongside #KevinRudd, to fight the #GFC in #Australia by giving some cash to everyone to spend how they need was a far cry from the #bailOutTheBanks idea out of the #US.
To be fair, since #repoCrisis last year every #literate pundit and his dog was waiting for this. Even before then people knew #wallSt were dependant on #greaterFools to support the #ponziScheme and #debtBubble. With close to #NegativeInterestRates etc.