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Can We Avoid Another Financial Crisis? (The Future of Capitalism) by [Steve Keen]

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Can We Avoid Another Financial Crisis? (The Future of Capitalism) Kindle Edition

4.7 out of 5 stars 82 ratings

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Length: 153 pages Word Wise: Enabled Enhanced Typesetting: Enabled
Page Flip: Enabled Language: English

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Review

"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

"In this compelling essay, Steve Keen shows that the "Great Moderation" was in fact a great delusion and documents, to brutal effect, the foolish complacency of mainstream macroeconomists."
—James K. Galbraith, University of Texas at Austin

"Steve Keen explains why the financial crisis it occurred, and why it can't just get better on its own, along its present track. 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. We are still living in the aftermath of the 2008 crisis. It’s all about debt. But economists fear they will lose their jobs if they say that debts must be written down. Keen asks what is more important: to save the economy, or to save the jobs for economists whose prestige rests on their not understanding why economies are in trouble today."
—Michael Hudson, author of Killing the Host and The Bubble and Beyond

"Non-academics interested in economic or financial markets should, if they read ony one book on the topic, absolutely read this one."
—International Investment

"Mr. Keen is surely right to argue that growth fuelled by the continuing expansion of private debt is highly risky for the overall economy, and that which cannot continue indefinitely will come to a sticky end sooner rather than later. We should heed his advice..."
—Globe and Mail

--This text refers to the paperback edition.

About the Author

Steve Keen is Professor of Economics and Head of the School of Economics, Politics and History at Kingston University. --This text refers to the paperback edition.

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4.7 out of 5 stars
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Reviewed in Australia on 6 February 2020
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Reviewed in Australia on 17 September 2017
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Reviewed in Australia on 4 January 2018
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Top international reviews

E. Carron
5.0 out of 5 stars A great explanation of the mechanism which drives the economic instability we see around us.
Reviewed in the United Kingdom on 13 April 2017
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13 people found this helpful
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Nicholas Johnson
5.0 out of 5 stars Informative, iconoclastic and a good read
Reviewed in the United Kingdom on 26 April 2017
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"rogersp@supanet.com"
5.0 out of 5 stars What really happened to the global economy in 2008?
Reviewed in the United Kingdom on 19 April 2017
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N. Thorne
5.0 out of 5 stars How the economy really works explained: (Plus pointers from this reviewer for what you can do about it)
Reviewed in the United Kingdom on 30 April 2017
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Amazon Customer
5.0 out of 5 stars Its well worth the read to better understand that answer as this book neatly summarises Professor ...
Reviewed in the United Kingdom on 11 April 2017
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mrman
4.0 out of 5 stars Recommended. Would like to read a bigger book by Steve on economics more generally
Reviewed in the United Kingdom on 23 April 2017
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Eduardo
4.0 out of 5 stars any book book explaining the central role of money creation in our economy is a good thing. However I knocked off a star because ...
Reviewed in the United Kingdom on 19 November 2017
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farah
5.0 out of 5 stars Masterful
Reviewed in the United Kingdom on 24 April 2017
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Rob
5.0 out of 5 stars If you read and internalise this book then you'll have a better understanding of the western financial system than most mainstream ...
Reviewed in the United Kingdom on 1 June 2017
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Joseph Lord
5.0 out of 5 stars Highly convincing
Reviewed in the United Kingdom on 11 May 2017
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Mike
5.0 out of 5 stars Read first before Debunking Economics
Reviewed in the United Kingdom on 15 January 2019
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G. Rizzelli
4.0 out of 5 stars Not bad, i was expecting a bit more though.
Reviewed in the United Kingdom on 8 April 2019
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Amazon Customer
5.0 out of 5 stars Crisp, concise and excellent little book
Reviewed in the United Kingdom on 31 May 2017
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Eco
5.0 out of 5 stars Will thge trigger ever be pulled?
Reviewed in the United Kingdom on 12 September 2017
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Ed
2.0 out of 5 stars The title very captivating but the writing was done in ...
Reviewed in the United Kingdom on 24 March 2018
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