Just Banking Presentation

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I’m just unwinding back at my hotel after this 23 day, 4 country, 7 city trip; an exhausting but worthwhile experience (made all the more challenging by either Heathrow or Qantas losing my bag for 8 days on my arrival!).

The Just Banking conference organised by the Friends of the Earth Scotland was a fitting finale. I won’t write too much about it here–I’m too tired–but I’m sure Beth and friends will do a good write-up. For now, here is a screen recording of my presentation and the Powerpoint slides; later we’ll add the video as well.

About Steve Keen

I am Professor of Economics and Head of Economics, History and Politics at Kingston University London, and a long time critic of conventional economic thought. As well as attacking mainstream thought in Debunking Economics, I am also developing an alternative dynamic approach to economic modelling. The key issue I am tackling here is the prospect for a debt-deflation on the back of the enormous private debts accumulated globally, and our very low rate of inflation.
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102 Responses to Just Banking Presentation

  1. Christian Nygaard says:

    What would happen if you model free banking without central banks? Central banks try to set the price of new money by controlling intrest rates. But since central banks are central planning they will most likely set the price ie the interest level wrong at times. Artificial low interest rates would then cause future financial crisis by financing assest price bubbles mostly in housing but also in other assest classes such as stocks.

  2. Steve Keen says:

    That’s what I do model Christian–when I have a flexible interest rate. It makes little difference. It’s much like thinking that we can know now the price of carbon that will stop Greenland melting.

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