Paul Woolley Financial Market Dysfunctionality Conference

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I’m one of the pre­sen­ters at this con­fer­ence at UTS today. The con­fer­ence web­site has a link to all the papers (includ­ing mine). As usu­al, I’ve done an “all singing, all danc­ing” Pow­er­point pre­sen­ta­tion that has a few addi­tion­al details to it.

The Paul Wool­ley Cen­tre is a very use­ful devel­op­ment, giv­en the bias in aca­d­e­m­ic finance towards the propo­si­tion that finance mar­kets are actu­al­ly hyper-func­tion­al (“effi­cient” in the jar­gon, defined in a way that cor­re­ponds to “prophet­ic” in ordi­nary Eng­lish).

Paul Wool­ley is giv­ing a pub­lic lec­ture tonight “Is the Finan­cial Sec­tor Dys­func­tion­al”, at 6.15pm in Uni­ver­si­ty Hall at UTS–in the Sci­ence Build­ing, 745 Har­ris Street Ulti­mo (diag­o­nal­ly oppo­site the ABC build­ing). All are wel­come.

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About Steve Keen

I am Professor of Economics and Head of Economics, History and Politics at Kingston University London, and a long time critic of conventional economic thought. As well as attacking mainstream thought in Debunking Economics, I am also developing an alternative dynamic approach to economic modelling. The key issue I am tackling here is the prospect for a debt-deflation on the back of the enormous private debts accumulated globally, and our very low rate of inflation.