S1E101 - Top Economist Warns: Everyone Is Wrong About Deficits
Published: December 31, 2025
Duration: 33:21
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Top Economist Steve Keen sits down with Richard J. Murphy for an insightful conversation about why textbook economics so often fail in the real world and what to do instead. From the “theory of the second best” to the Cambridge Capital Controversies, from double-entry bookkeeping to sectoral balances, they unpack how bad assumptions create bad policy, and where Stev...