Launching Kingston University's Rethinking Economics group
As Head of the School of Economics, History and Politics at Kingston University, I was delighted to be asked to launch Kingston's Rethinking Economics group.
You understand the Austrians also feel austerity is a correct path towards
promoting growth again? I'm all for breaking the monoply that
neoclassicals have but I'm hesitant to replace it when something even less
scientific.
Nice to see a movement to broaden the therois out there in the teaching of
economics, and nice to see the lead coming from students. Thanks for your
good work sir, i have enriched myself reading your books
Economics postgraduate courses at Kingston University
Steve Keen (Professor and Head of the School of Economics, Hist. & Politics at Kingston University)
More info //www.gold.ac.uk/perc/ The Political Economy Research Centre (PERC) is a new centre for cultural and political analysis of economic life, based in ...
Stevie: Applied Economics BA (Hons) student
Kingston University student Stevie talks about her experiences as an Applied Economics BA (Hons) student, and why she chose to study here. Find out more at ...
Business Economics student Hannah on why she chose to study at Kingston University
Second year Business Economics student Hannah talks about why she chose to study at Kingston University and offers some tips on how to make the most of ...
EPOG seminar #8 – Steve Keen : Debunking Economics
EPOG seminar #8 Debunking Economics by Steve Keen, Professor of economics, Head of the School of Economics, History and Politics at Kingston University.
Steve keen on the global economy, the aussie housing bubble, gold & bitcoin
Professor Steve Keen is the author of the book Debunking Economics and is the head of Politics and Economics at Kingston University in the UK. In this video ...
The global economy wants to DEFLATE/RESET to LOWER PRICES because of
demographics, debt, overcapacity and wages that have not kept up with
inflation. Central Banks are fighting deflation with 0 interest rates and
QE. The Central Banks want inflation ..........people do not need and want
more inflation.........we need prices to come down. Our financial and
political systems are corrupted ............trust has been
broken..........so will people keep believing in the value of fiat
currency?
+Roxanne Fennell Roxanne I think people will keep using the current system because its the only system we have. The existing system is only threatened by total collapse whereby money printing can no longer save it. I believe we are close to this event playing out. Im convinced the leaders are aware of this but handling the situation early would be political suicide.
Check this out around 23:10. https://www.youtube.com/watch?v=e7UqOqohJwk
There is always enough gold to support any system. The equilibrating factor
is PRICE. Gold is MORE stable than dollars because its supply cannot be
doubled overnight as dollars could be in this fiat currency system that
requires exponential growth in a finite world.
+Marcus Denning We are in interesting times.. :S.. There is a potential a small few get complete control of the blockchain that the world runs on.. The ability to reverse transactions.. create money... Let us hope an honest blockchain wins out.
+dmger14 I completely agree with you. And I also think that the trust in our financial and political systems have been broken.........I know several people that are buying physical gold and silver because they do not trust the fiat currency system anymore.
+dmger14 Your right in principle but remember notes have been claim receipts on gold in the past and unfortunately that too become rigged. There is a real, long term issue with trust because no matter what system we have it can be manipulated eventually. Thats why the block chain and bitcoin are conceptually interesting to me!
Here comes the Crash. But when is this House Crash going to happen ?
My Wife and I have to buy a house in the next few months Because our
Landlord is a Nightmare Every Year the rent goes up. Every 12 weeks the
Gestapo
come to our home and invade our peace by doing an Inspection.
The house next door is rented at $400 pw our home is the same style house
We because we have been here for 6 years are paying $485 pw. Because we are
good tenants we are Penalised. We should have bought a home 5 years ago We
waited for the crash and it never happened. What a Nightmare. Landlords
treat tenants like naughty children. I hate Renting. As soon as we buy a
Home the Price will crash. Thats the story of my Life every thing goes
wrong for us. I am sick of losing all the time.
+Zulkefli Johan Was looking at a House 6 months ago Offers over 469k Now Offers over 450k A house around the corner sold for 430k after being on the market for offers over 470k for 5 months Yep the Crash has begun. Looking to buy the 450k home @ 430k in the next few weeks. If I miss out who cares There will be another on the market cheaper soon enough. Made money on the ASX With PLS Now invested in CXO. Shorting the banks for the last 6 weeks. Its all over for Property Investors. If owners treated Tenants with respect They might get some back. You are not doing your Tenant any Favours mate. You wouldn't be able to own the house without his rent and Negative Gearing.
+Zulkefli Johan. Hows that Negative Gearing working for you, Still paying very little to no Tax ? Let people Like Me subsidise your Stupid over valued Investment for you. Panama Boy. Poor it Must be tough Letting your Tenant and Me pay for everything for you. The End Is Near for You and Your Kind.
+paul smithson "Come to our home" Well you rent it so you are not the owner of the very expensive place you use, don't forget tenants don't usually take great care in a house because it isn't theirs, I rent mine out at $620/week with a 5.25Kw solar system and I pay for lawn care weeding trimming etc, I also pay professional pool care every 2 weeks, with lawn and pool costs averaged at $90/week and the cost of me paying the electric bill by installing solar and wood pool decking and outside dining at $9,000/year, there isn't much left when things break and eat money I make, I even had to pay an electrician $500 to fix some lights and put new halogen bulbs in, yeh imagine how you feel to be paying for light bulbs to be replaced and weeding done, windows leaked during a storm so I pay again, in fact the rent gets me about $31,000/year and all of it goes on running the damn place!
+nayanmalig The markets are rigged thats for sure. The Gold and Silver Market is all BS. Cash will be king again. When the crash happens one day I am going to buy a house and enjoy the simple things in life. Yep the family is everything. ;0) Great friendly post by you nayanmalig.
+paul smithson I have done physical gold and silver speculation thanks to dead ropes of Mike Malloney and co. They are still at it. I lost on gold but had a miraculous escape with silver due to a cash emergency. I HAD to sell at the price top some years back. That was the luckiest escape yet. I have come to realize that the professional skill I have, the house and the family is the most valuable. Investment and market timing needs insider information. Markets are rigged. A blatant fact that Steve Keen avoids like the plague. I do not live in Australia.
I guess the Bank Share Prices are the Canary in the coal mine. My GP asked me what I thought of the Co Payment I said its a great idea They spend there money on Booze and Cigarettes so a Co Payment would be a betterway to spend there money. I was for the Co Payment. I sometimes think I am the only Saine person in Australia, but then I found your channel. lol 2 Saine people now. Take Care mate.
+paul smithson I feel your frustration Paul but unfortunately we only have ourselves to blame! Nobody protests the property bubble and yet when Abbott tried to introduce the GP $7 co-payment there was practically riots in the streets! Think back to the American declaration of independence "All experience has shown that mankind is more disposed to suffer while evils are sufferable- then to right themselves by abolishing the forms to which they are accustomed". Paul a loss is a loss is a loss. No amount of maths or sanity justifies buying right now. Hold on its coming!!!
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