Briefing on the Fiscal Cliff at Congress

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This week’s post returns to the top­ic I dis­cussed just two weeks ago (Fis­cal cliff lessons from the ’30s, Novem­ber 26). I wrote that last post after I had giv­en Con­gress­man Den­nis Kucinich a pre­sen­ta­tion on the fis­cal cliff, and he asked me to return to Wash­ing­ton to give a pub­lic brief­ing in Con­gress. Today’s post is the doc­u­ment I spoke to at that brief­ing, and it’s sub­stan­tial­ly more detailed than the draft pub­lished two weeks ago.

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Video of the talk:

Video of the slides:

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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.