Debtwatch No 34: The Confidence Trick

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And, at this point, con­fi­dence is what it is all about… The first thing is to main­tain some con­fi­dence in our­selves and the prospects for our coun­try over time… Unfor­tu­nately, there is no lever marked ‘con­fi­dence’  that policy-makers can take hold of. Our task is very much one of seek­ing to behave, across the board, in ways that will fos­ter, rather than erode, con­fi­dence.  It is such con­fi­dence that, more than any­thing else, will help to drive us along the road to recov­ery.” (Glenn Stevens, April 21st 2009)

Launch of “Political Economy Now!”

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In May 1973, dis­sat­is­fac­tion over the teach­ing of eco­nom­ics at the Uni­ver­sity of Syd­ney went from a fes­ter­ing sore amongst the staff only to an out­right revolt by a minor­ity of the staff, and a major­ity of the stu­dents.  In 1975, a new Depart­ment of Polit­i­cal Econ­omy had its first intake into Eco­nom­ics I℗. Thirty four years later, it is still going. Pro­fes­sor Frank Stil­well, who has lived this dis­pute since 1970, is launch­ing Polit­i­cal Econ­omy Now!, a his­tory of the dis­pute, next Tues­day at Syd­ney University’s Fisher Library (May 5th, 5.30pm, Level 5).

Crunchtime”: Bringing together the best policy minds to discuss Australia’s future

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Title: “Crunchtime”: Bring­ing together the best pol­icy minds to dis­cuss Australia’s future
Loca­tion: Trades Hall Audi­to­rium, 4 Goul­burn St, Syd­ney NSW
Link out: Click here
Descrip­tion: The best pol­icy thinkers from Aus­tralia and abroad will come together for “Crunchtime” — Australia’s first pro­gres­sive think-tank conference.

Talk to the Fabian Forum: The Global Financial Crisis: How bad will it get?

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Broad­cast on March 11 2009 by ABC Radio National Big Ideas

A blog mem­ber has kindly pro­duced a tran­script of the off-the-cuff talk I gave at this forum. I’ve made minor cor­rec­tions to the punc­tu­a­tion below, but the text is oth­er­wise as deliv­ered on the night with­out speak­ing notes–so there are some gram­mat­i­cal slips. For those who want to lis­ten to this alone–without also lis­ten­ing to Bernie Fraser beforehand–here is a link to the MP3 of my talk.

Steve Keen’s Debtwatch No. 33 April 2009: Lies, Damned Lies, and Housing Statistics

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Lies, damned lies, and sta­tis­tics” is part of a phrase attrib­uted to Ben­jamin Dis­raeli and pop­u­larised in the United States by Mark Twain: “There are three kinds of lies: lies, damned lies, and sta­tis­tics.” The state­ment refers to the per­sua­sive power of num­bers, the use of sta­tis­tics to bol­ster weak argu­ments, and the ten­dency of peo­ple to dis­par­age sta­tis­tics that do not sup­port their posi­tions. (Wikipedia)