End of Entitlement & Sack the Economists talks

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I’m speaking at two events this weekend:

Northside Forum: “THE AGE OF ENTITLEMENT IS OVER” So claims our Treasurer, but for whom?:

Saturday May 3rd, 12-2pm, Function Room at the Union Hotel, North Sydney, 271 Pacific Hwy, North Sydney 2060

The launch of Geoff Davies’ book Sack the Economists:

Sunday, 4th May 2014, 3:30 for 4 pm, Gleebooks, 49 Glebe Point Road, Glebe NSW

Follow the links above to book a place.




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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3 Responses to End of Entitlement & Sack the Economists talks

  1. ken says:

    I suspect the age of entitlement is over for anyone who can’t deliver enough votes for the price.

  2. Harry says:

    Encouraging to see Geoff davies talks about using “systems ideas” in his book. I look forward to reading what he means.
    But the elephant in the room seems to be the paradox of the modern monetary economy – money and debt. Money makes the world go round, spurs growth, makes everybody feel rich (apparently). Debt on the other hand (eventually) grinds the economy to a halt, causes periodic recessions, requires painful de-leveraging, leads to deflation, and makes everybody feel bad.

    So what do we do?

    Create money and debt hand in hand! What a brilliant solution. All money is created as debt. You can’t have more money without more debt. You can’t have less debt without destroying money. Is it any wonder we have a see-saw? First boom, then bust. First inflation, then deflation. Equilibrium? Sure, IF you’re really really good at tightrope walking. Which governments, treasurers, and central bank chiefs, apparently, are not.
    What a dumb system. Are we serious about trying to design an economic system, or are we going to just bumble along in the dark, letting the system be defined by the historical mistakes we have made?
    I agree. Sack the economists. Hire some engineers. At least they are pragmatists, with an ingrained habit of learning from mistakes. Bridges don’t fall down nearly as often as they once did, but we still have pretty regular economic crises.

  3. Steve Hummel says:

    “So what do we do?”

    Balance the consumer financial paradigm of debt/loan only (not the commercial financial one) …with monetary gifting.

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