from Saturday Morning on Saturday 26 May 2012
Professor of economics and finance at the University of Western Sydney, author of Debunking Economics, and one of a minority of economists to predict the current financial crisis.
Professor Steve Keen comes up with a radical solution to the gobal economic crisis. He targets neo-classical economics which is a consumer oriented economy. He suggests we need to think collectively and socially and abolish debt. We need to bail out people rather than the finance sector (listen from about 30 mins in).