Featuring: Steven Keen

Steven Keen

Steve Keen is Professor of Economics & Finance at the University of Western Sydney, and author of the popular book Debunking Economics (the 2nd edition was published in 2011: see www.debunkingeconomics.com). Steve predicted the financial crisis as long ago as December 2005, and warned that back in 1995 that a period of apparent stability could merely be “the lull before the storm”.


This article was originally published in December 2006 in Steve Keen’s Debtwatch report. The good news is that there is a zero per cent prospect that the RBA will increase interest rates again before February 2006. The bad news is that the odds that private debt will exceed 150 per cent of GDP by then […]

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This article was originally published on January 31st, 2009 on Steve Keen’s Debtwatch. Ten years ago, a quote from Marx would have one deemed a socialist, and dismissed from polite debate. Today, such a quote can (and did, along with Charlie’s photo) appear in a feature in the Sydney Morning Herald—and not a few people […]

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This article was originally published in Steve Keen’s Monthly Debt Report November 2006 Private debt is by far the most important economic issue today–far more so than the rate of inflation–and that should be the focus of policy attention. Though inflation has risen recently, it is less than a quarter of the peak it reached […]

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