“Dost thou think, because thou art virtuous, there shall be no more cakes and ale?”

About Steve Keen

Steve Keen is Professor of Economics & Finance at the University of Western Sydney, and author of the popular book Debunking Economics. Steve predicted the financial crisis as long ago as December 2005, recognised by his peers when he received the Revere Award for being the economist who most cogently warned of the crisis.

Articles by Steve Keen

This week’s front page editor

Rosemary Bechler is a mainsite editor of openDemocracy

European integration

Six countries. Six different paths to EU integration.

No to TTIP

The secretive EU-US trade deal explained

Podcast: Steve Keen's manifesto

Adam Ramsay and Steve Keen 27 May 2017

The economist Steve Keen was one of the few to predict the 2007/8 collapse. We interviewed him about how to avoid the next one.

The Keen-Krugman debate

Steve Keen 26 February 2014

The debate between these two economists on the role of banking and specifically the creation of credit is of fundamental importance in understanding the shortcomings of orthodox economic thinking - and why it was so ill-equipped to handle, let alone predict, the crash of 2008.

The Euro as the SDR of Europe?

Steve Keen 25 July 2012

By converting the Euro to a supranational means of settlement underpinned by Euro-National currencies, both devaluation and the Euro's survival may be achieved, albeit at heavy loss to creditors. This would, more than anything, come close to Keynes' vision for the Bancor, and give a localised Bretton Woods for the 21st century.