Steve Keen Debunking Economics Again

Very nice interview of Steve Keen. I have some issues when he gets technical, but other than that, he is very good at debunking economics, so I like him.

click to watch the video on YouTube

“Tyler Durden” also covers the video at Zero Hedge and quotes a part of the video:

fundamentally neoclassical economists are the priests of Capitalism, but the priests don’t necessarily know there is god. They have this model of god and ditto with neoclassical economics: they have a model of capitalism which is almost but not quite, completely unlike actual capitalism. And they don’t even realize that they have erected a smokescreen behind which if people want to rip the system off, then there is plenty of avenues created by these guys.

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