Steve Keen: Profiled People in Economics and Banking

ByShaun Snapp

Executive Summary

  • Steve Keen is one of the most important non-mainstream economists in the world.

Introduction

Dr. Keen’s research is into the impact of private debt on asset bubbles and economic growth. He is one of the few mainstream trained economists to contradict the status quo explanations related to public debt being what causes countries to go into recessions. Keen has many videos at his YouTube channel, but this is one example where he lays out the evidence for private debt being the primary culprit in recessions.