#65 Steve Keen | Marx, Capitalism, and Neoclassical Economics

On this episode of the podcast I speak with UCL Honorary Professor of Economics and ISRS Distinguished Research Fellow Steve keen. Steve famously predicted the 2008 market crash. He is also known for his criticism of modern economic theory, which he views as being inconsistent, unscientific, and empirically unsupported. He is currently working on a new science of economics built upon incontrovertible facts. We discuss the history of economic theory, the problems with neoclassical economics, and the way that our economic theory causes environmental destruction.