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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.