7 Apr 2013

Steve Keen at INET

Professor Steve Keen recently spoke at the INET conference. It was a short talk, but full of his usual gems. His talk starts at 20.45 (I can't seem to embed with a time reference).

Notable quotes
"Workers pay for higher [private sector] debt via a lower shares of wages."
"Inequality leads to economic collapse"
"The most important driving force in a capitalist economy is private debt."

No comments:

Post a Comment

Keep is seemly & on-topic. Thanks.