The Newman Show
The Newman Show
Callum Newman
Ep 31 Steve Keen: The Secret Life of Banks
45 minutes Posted Feb 3, 2016 at 6:47 pm.
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Show notes

Steve Keen, Australian economist and author of the book Debunking Economics, joins Callum on the podcast to discuss…

Why mainstream economics taught in the universities is junk…

The establishment reaction to Karl Marx that spawned a century of policy failure…

Why he rebelled against the economic profession as a student in the 1970’s…

The key variable in the economy mainstream economists don’t understand…

How the banking system works and why it matters for your investments….

How the former chairman of the Federal Reserve didn’t understand what he was doing during the GFC…

The reality of money few people understand…

Why the concept of the 'money multiplier' is bogus...

The insight from Islamic finance the West could benefit from…

What Japan’s decision to use negative interest rates means for the world…

His view of Australia’s property market…

Plus more!