BBC National Radio > Radio 4
Analysis: Steve Keen: Why Economics Is Bunk
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darcysarto:
This is a great listen, although I suppose not for those economists who seem to find him bit of an irksome interloper. Given that economics is a little like weather forecasting and most economists appear to have been practising their 'science' with their curtains closed over the last decade, you can't afford to take those bleating now too seriously..
http://www.bbc.co.uk/programmes/b01j5h51
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Newsnight Economics Editor Paul Mason interviews the controversial economist Steve Keen before an audience at the London School of Economics. Keen was one of a small number of economists who predicted there would be a major financial crisis before the 2008 crash. He argues that if we keep the "parasitic banking sector" alive the economy dies, and says that conventional economics provides an unwitting cover for "the greatest ponzi schemes in history".
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Or the Now Show puts it in a nutshell:
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