Bio

Steve Keen is Associate Professor of Economics & Finance at the University of Western Sydney and is a fellow of the Centre for Policy Development. Author of the best-selling book Debunking Economics, he differs from the norm for critics of conventional economics by being highly mathematical in his own research. His main research interest is in developing mathematical models of Hyman Minsky’s Financial Instability Hypothesis. His website is www.debunking-economics.com and he now maintains a blog on Australia's private debt: www.debtdeflationcom/blogs

Steve Keen's contributions:

Deeper in Debt

Australians are addicted to debt but we can't afford to keep borrowing at current levels forever. 'Deeper in Debt' is CPD fellow Steve Keen's analysis of Australia's looming crisis in housing affordability and private debt.

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Debt Freedom Day Report 2007

February 25^th was Debt Freedom Day for 2007: the day Australia had earned enough income to fund the annual interest on its loans. The good news is that the day has finally arrived. The bad news is that it has been so long in coming. Find out more in the Debt Freedom Day Report 2007 by Steve Keen

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The Lily, the Pond, and the Recession We Can't Avoid

When Australia wakes up from its debt binge the hangover won’t be pretty, predicts Steve Keen.

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The Mysterious Money Machine

After a week where rates have held our interest, Steve Keen lends a hand to those baffled by our monetary system with an answer to the basic question – where does money come from?

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The Platypus Economy? Unravelling Australia's Economic Paradoxes

How can we reconcile deflationary government policy with a booming economy, and stellar export prices with a record current account deficit? Is there something truly new about the economy, or are we being deceived? The answer, unfortunately, is deception: the hidden trick that glues the economy together is debt. Behind the appearance of fiscal austerity on the one hand, and a miracle economy on the other, has been a dangerous addiction to credit. Australians have borrowed their way to an apparent but illusory prosperity

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