Published on Mar 18, 2013
Professor Steve Keen, Debunking Economics, joins Thom Hartmann. If you believe Republican politicans like Paul Ryan and John Boehner – the United States has a crushing sovereign debt problem. But is private debt – the mortgage and credit card debt held by everyday Americans – the real drag on the economy? Steve is the Professor of Economics and Finance at the University of Western Sydney in Sydney – Australia – and a world reknowned authority on a wide range of macroeconomic issues – including debt – financial instability – and monetary theory. A frequent critic of mainstream economists – he predicted the financial collapse of 2008 and received the Revere Award from the Real World Economics Reviews for his cutting analysis of contemporary economic trends. Professor Keen’s book “Debunking Economics – Revised and Expanded Edition: The Naked Emperor Dethroned?” is a must-read for anyone interested in learning about how we got into our current financial mess.