Steve Keen

5 days ago | profstevekeen.substack.com | Steve Keen

It’s clear to just about everyone that we won’t reach the climate targets set out in the Paris agreement. It was a pipe dream even before President Trump v2.0 came along. The various COP summits, which rely on agreement from everyone, are nothing more than gabfests. They are a COP-out.

1 week ago | profstevekeen.substack.com | Steve Keen

A key policy area of Modern Monetary Theory is the idea of a job guarantee. There might be a limit to available resources, but the labour force should always be employed. It helps the economy and it’s good for the individuals and for society. But Phil wonders how practical it is.

2 weeks ago | debunkingeconomics.com | Steve Keen

Why is it, that whilst there are an increasing number of billionaires on the planet, the rest of us are no better than we were decades ago? Young people can’t get on the housing ladder, there’s an increasing waiting list for health services, schools are short of money and tertiary education, once free, leaves students with a lifetime of debt. Except for the very rich, of course.

2 weeks ago | profstevekeen.substack.com | Steve Keen |Phil Dobbie

Why is it, that whilst there are an increasing number of billionaires on the planet, the rest of us are no better than we were decades ago? Young people can’t get on the housing ladder, there’s an increasing waiting list for health services, schools are short of money and tertiary education, once free, leaves students with a lifetime of debt.

2 weeks ago | profstevekeen.substack.com | Steve Keen

This chapter was written in the middle of a trade war initiated by the Trump administration in the United States on April 2nd. Trump introduced it as “Liberation Day”: “April 2nd 2025 will forever be remembered as the day American industry was reborn.”[1]It has turned out to be more Litigation Day than Liberation day. Tariffs have been announced, increased, reduced, and put on hold.