Voxic Shock 1.8: Economist Steve Keen

In this week’s podcast, I interview Australian Post-Keynesian economist, Steve Keen, who is among the first economists – if not the very first – to systematically incorporate debt into a Keynesian macroeconomic model.  Interestingly, he appears to harbor even more contempt for the Neo-Keynesian likes of Krugman and Stiglitz than I do; he believes them to be little more than conventional neo-classicals subject to most of the same errors of assumption as their Chicago School rivals. He even goes so far as to state that if their Samuelsonian formulas are Keynesian, then he must be an Anatine economist.