by John Lounsbury
Global Economic Intersection contributor Steve Keen (pictured), economics professor at the University of West Sydney, was interviewed by Peter Switzer on Australian Business News Tuesday (September 13). The interview covers a variety of topics. One most interesting area involved Steve’s projections that the Australian housing market is doomed to follow the path that has been experienced by others: first Japan and later the U.S. and parts of Europe. Also very interesting is the discussion of possible bubbles in China and why China is different from other economic centers. The video follows the continuation break.Steve Keen was one of a dozen economists who provided analysis that predicted the financial crisis and who were studied by Birk Bezemer. Steve was recognized by a survey of economists as the most important student of the crisis. (The Revere Award which is mentioned in the video.)
Click on image to watch video.
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