July 8, 2021· 68 min

Steve Keen Says Economists Get Everything Wrong (Especially About Climate Change)

Orality
Model
50%

Speaker Breakdown

HostJoe Weisenthal(1,481 words)
M:28%
HostTracy Alloway(1,657 words)
M:29%
GuestSteve Keen(9,306 words)
M:28%

Oral Indicators

Agonistic23%
extremely, absolutely, amazing
Engagement63%
you, our, your
Memory Aids100%
listen, now, so
Repetition100%
like (111x), know (91x), what (86x)
Parallelism100%
And I'm Joe Weisenthal...., So, Joe, one of the themes tha..., And, you know, the story is th...
Sound Patterns38%
50 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases2%
i mean

Literate Indicators

Hedging7%
quite, maybe, rather
Passive Voice12%
been learned, be learned, be dismissed
Abstract Nouns20%
investment, replacement, university
Subordination8%
because, while, although
Sentence Length60%
Avg: 20.1 words/sentence
Word Complexity48%
investment, analyze, anticipate
Academic Markers2%
the literature
Impersonal Style37%
829 personal pronouns found
Descriptive Style79%
actually, exactly, extremely

Description

Mainstream economics has come under attack lately. People have begun questioning its understanding of things like inflation, monetary policy, deficits, and how best to get out of a downturn. Steve Keen, an independent renegade economist, has been preaching this for a long time. And he believes the whole profession needs to be chucked. On this episode, we talk about some of the big failures he sees in economist thinking, and he is particularly energized by the subject of climate change. He also deplores the economic consensus, and says the way to think about it needs a total rethink, resulting in much more dramatic action than what is currently being proposed by the mainstream. See omnystudio.com/listener for privacy information.