S1E102 - The REAL cause of every financial crisis: Top Economist Warns
Published: January 30, 2026
Duration: 33:21
Learn 50+ Years of Economics in Only 7 Weeks, by applying here: https://www.stevekeen.com
(Plus get Ravel — the economic visualization software we reference in this episode — as a bonus if you’re accepted and join.)
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...