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Timestamps:
00:00 The West's Indifference to Climate Change
00:15 Introduction to Steve Keen
01:08 Historical Context of Climate Change Research
02:02 The Limits to Growth and System Dynamics
04:34 Criticism and Denial of Climate Science
05:23 Political and Ethical Dimensions of Climate Change
08:59 Economics and Climate Change
20:26 The Role of Energy in Economic Models
28:22 The Theory of the Second Best
29:35 Discovering Marxist Critiques
30:36 The Cambridge Controversies
31:22 Disillusionment with Textbooks
31:38 Belief in a Perfect World
35:37 Climate Change Realities
40:57 Economic Models and Natural Inputs
43:40 Political Leadership and Climate Action
46:22 The Decline of Political Leadership
Huge thanks to Matthew Rose from Brave New Europe.
Brave New Europe Channel: https://www.youtube.com/@BraveNewEurope
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Who is Dr. Steve Keen?
Dr. Steve Keen is an influential economist who has dedicated over 50 years to challenging mainstream economic theories. Since his days as a university student, he has been engaged in a David vs. Goliath battle against conventional economic models. Holding a Ph.D. in economics, Dr. Keen is well-known for his critical analysis and advocacy for more realistic economic approaches. His work emphasizes the importance of accounting for financial instability and incorporates elements of complex systems theory. Engineers, finance professionals, and IT experts will appreciate his methodical breakdown of economic phenomena and his development of the Minsky software, which models financial crises. Dr. Keen's contributions are crucial for anyone seeking a deeper understanding of how economic systems can impact technological and financial environments. His teachings offer valuable insights into the economic forces shaping our world. By following his analysis, professionals can gain a better grasp of economic dynamics that influence their fields.
