Top Economist Explains Modern Monetary Theory

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"Money is fundamentally a threesome, and everybody gets involved."

Explore the complexities of modern monetary theory with Steve Keen as he breaks down the true nature of money in today's economy. Discover why money is not a commodity, but rather a set of promises within a banking system. Steve Keen, a contrarian economist and research fellow at the Institute for Strategy, Resilience, and Security at University College London, provides an insightful analysis into private and government money creation, challenging conventional views on economics.

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Who is Dr. Steve Keen?

Dr. Steve Keen is an influential economist who has dedicated over 50 years to challenging mainstream economic theories. Since his days as a university student, he has been engaged in a David vs. Goliath battle against conventional economic models. Holding a Ph.D. in economics, Dr. Keen is well-known for his critical analysis and advocacy for more realistic economic approaches. His work emphasizes the importance of accounting for financial instability and incorporates elements of complex systems theory. Engineers, finance professionals, and IT experts will appreciate his methodical breakdown of economic phenomena and his development of the Minsky software, which models financial crises. Dr. Keen's contributions are crucial for anyone seeking a deeper understanding of how economic systems can impact technological and financial environments. His teachings offer valuable insights into the economic forces shaping our world. By following his analysis, professionals can gain a better grasp of economic dynamics that influence their fields.