Creation of Money – Dr. Steve Keen, Economist

Steve Keen is an economist, critic, and author who believes our current economic theories fail to properly deal with private debt, the role of banks in money creation, and more generally fail to take into account real-world contradictions to theoretical predictions at the margins. We talk about the creation of money, deflationary crises, speculation vs innovation, how to distribute public vs private spheres, and his vision for the future of economics.