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10/13/17
Can we avoid another financial crisis? Steeve Keen économiste
The Great Financial Crash had cataclysmic effects on the global economy,
and took conventional economists completely by surprise. Many leading
commentators declared shortly before the crisis that the magical recipe
for eternal stability had been found. Less than a year later, the
biggest economic crisis since the Great Depression erupted. In 2008, conventional economics led us blindfolded into the greatest
economic crisis since the Great Depression. Almost a decade later, with
the global economy wallowing in low growth that they can’t explain,
mainstream economists are reluctantly coming to realise that their
models are useless for understanding the real world. Can we avoid another financial crisis?
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