Keen Behavioural Finance 2011 Lecture 11 Global Economic Crisis

| October 18, 2012 | 0 Comments

The remarkable thing was not that I and a handful of others saw this crisis coming, but that so many neoclassical economists had no idea it was approaching. I explain why they failed to see it (by ignoring private debt and believing in a fantasy of economic equilibrium), discuss the empirical dimensions of this crisis in comparison with the Great Depression, and present my explicitly monetary macroeconomic model.
Video Rating: 4 / 5

Filed Under: Finance Videos

Leave a Reply

You must be logged in to post a comment.

Get Adobe Flash player