This time it’s Steve Keen on the hot seat on HARDtalk. Now, Steve is one of the few economists who actually predicted the global financial crisis. But what about the possibility of another Great Depression? That possibility and how to avoid it were the topics of conversation in this 25-minute interview. Great stuff.
Watch it.
P.S. – Steve believes like me that the Japanese scenario is the best we can hope for – not an uplifting view but hopefully inspiration enough for policy makers to stop dithering and get on with the credit writedowns and debt forgiveness that lies ahead. Also, check out Steve’s book Debunking Economics too. He has just released a second edition