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9781509513727

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No one is more qualified than Steve Keen to answer the question 'Can we avoid another financial crisis?' with more than a single word. Read this book! Yanis Varoufakis, former Finance Minister of Greece Steve Keen explains why the financial crisis occurred, and why it can't just get better on its own. He also explains in a hilarious and absolutely justified takedown why mainstream economists have a 'trained incapacity' in being unable to understand why the economy has broken down and hence, why they don't have a real solution. Michael Hudson, University of Missouri-Kansas City In this compelling book, Steve Keen models the Minksy maxim that 'stability breeds instability' and that the 'Great Moderation' was in fact a great delusion. He also documents, to brutal effect, the foolish complacency of mainstream macroeconomists, when it mattered. James K. Galbraith, author of Welcome to the Poisoned Chalice: the Destruction of Greece and the Future of Europe

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Steve Keen is Professor of Economics and Head of the School of Economics, Politics and History at Kingston University.

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