Rebel Economist Says Everything You Know About Economics Is Wrong.

Steve Keen, a heterodox economist known for his critiques of mainstream economics and his foresight about the 2008 crisis, dives deep into the flaws of conventional economic models. He passionately explains how banks create money through loans rather than savings and links rising mortgage credit to soaring house prices. Keen asserts that historical spikes in private debt precede financial crises, and he discusses the impact of deregulation on speculative lending. He proposes innovative solutions, including a modern debt jubilee, to address soaring private debt and affordable housing issues.