Steve Keen
Writer at Building a New Economics
Help me build a new economics by supporting me on either Patreon or Substack. Debunking Economics, Minsky, Ravel.
Articles
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1 week ago |
profstevekeen.substack.com | Steve Keen |Phil Dobbie
In 1944, at Bretton Woods, 44 countries agreed to make the US dollar the world's reserve currency. This decision inflated the dollar's value, making American exports expensive and imports cheaper. Donald Trump is now addressing this imbalance with tariffs on countries with high trade surpluses.
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2 weeks ago |
profstevekeen.substack.com | Steve Keen |Steve Keen
It’s clear that President Trump lied to the American people about his reciprocal tariffs. Many of the countries he is imposing tariffs do not impose anywhere near those numbers on imports from America.
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3 weeks ago |
profstevekeen.substack.com | Steve Keen
Macroeconomics abounds in ratios and products.
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1 month ago |
profstevekeen.substack.com | Steve Keen
Are we kidding ourselves when we talk about an energy transition? Sure, we are using more renewables than ever before, but the planet is also using more fossil fuels than ever before. Phil asks Steve whether part of the problem is that we pout faith in incumbent energy companies managing that transition.
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1 month ago |
profstevekeen.substack.com | Steve Keen
The beliefs that the State faces a fiscal crisis if its debt gets too high, and that it is prudent for the government to reduce its debt by running surpluses rather than deficits, have existed since the dawn of the Republic. The empirical record of such attempts is definitive, and runs contrary to the expectations of governments at those times. A serious crisis, triggered by a private debt bubble and crash, has followed every sustained attempt to reduce government debt.
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RT @MMTLabour: @RachelReevesMP Your delightful tax rises and spending cuts haven't kicked in yet... coupled with Trump's tariffs, you'll so…
This is an interview I've been looking for for a long time, where Apple's Tim Cook says that China could fill football stadiums with its skilled machine tool workers, whereas America could barely fill a small auditorium
Where are your factories? Where are your supply chains? Where are your workers? Where are your engineers? ... ... Talk is cheap. Tim Cook explained why Apple chooses China for manufacturing.👇 https://t.co/GMD5oq8uB1
RT @justin_hart: Moving a photo in Microsoft Word https://t.co/lFuo2KqfAO