Debunking Economics

Debunking Economics: the naked emperor of the social sciences by Associate Professor Steve Keen explains to non-economists why conventional economic theory–known as “Neoclassical Economics”–is fundamentally flawed. This should come as no surprise, as the world wallows in the deepest financial crisis it has experienced, but it has been hidden from public view to date by the [...]

NEWStopia explains the Australian Central Bank

This video is remarkable for two reasons: it’s a spoof that shows the circular arguments of the ‘free market’, for economics is not based on logic but on myths and beliefs it has a long list of comments from people who clearly see through “the system” The question therefore is how quickly we need to [...]

Overlooked solution to credit crunch

This article appeared in The Australian – Online Newspaper of the Year as a remarkable comparison of household and corporate debts.