I’ve finally had a fast enough internet link to upload the video to Youtube. I’ll add more detail later when I get back to Sydney, but for now this will do.
There’s one technical glitch: the Gustav Tuck Theatre had a plasma screen rather than a data projector, and the refresh rate of the screen resulted in a very bad flicker on the video recording. However the talks–by myself and Ann Pettifor–are easy enough to follow.
My speech and Ann Pettifor’s speech at the launch of the 2nd edition of Debunking Economics, at the University College London on October 4 2011. I give an overview of the new edition, which focuses on the absurd state of neoclassical macroeconomic theory and the reasons that conventional economists were the last people on the planet to realize that a serious economic crisis was about to occur. I also outline my “Monetary Circuit Theory” approach that let me anticipate the crisis. Ann Pettifor gives an excellent outline of the endogenous nature of money creation, and the case for both large scale government spending and a modern debt jubilee to get out of this crisis.
