Economist, Professor

Steve Keen

Steve Keen is a heterodox economist best known for predicting the 2008 global financial crisis based on models of private debt dynamics. A fierce critic of neoclassical economics, he advocates for Hyman Minsky’s financial instability hypothesis and the recognition that banks create money through lending.

Known For

Predicting 2008 financial crisisMinsky's financial instability hypothesisCritique of neoclassical economics

Canon

Endogenous Money Creation by Banks

Curious

Malinvestment

Curious

Private Debt as Primary Driver of Financial Instability

Novel

Books

■Debunking Economics(2020)

Episodes

#Konstantin Kisin’s WARNING: Our Leaders Have Lost Control, We’re Headed For Conflict And Violence!Aug 20, 2026 #Why Economists Ignore the One Chart That Predicts Every Crash | Prof. Steve KeenAug 6, 2026 #The Economist Who Called 2008 Says The Debt Crisis Warning Is A Myth — We Had To ReactJul 25, 2026