Book notes: Can We Avoid Another Financial Crisis?, by Steve Keen
Steve Keen challenges “mainstream” economic thinking in this concise book
Steve Keen, Can We Avoid Another Financial Crisis?, Polity, 2017, 140 pages
From the outset, Steve Keen shows himself to be the outsider. One of the select few to have warned of impending trouble before 2008, he aligns himself with the likes of Raghuram Rajan, who was all but laughed off the stage for his 2005 Jackson Hole speech ‘Has financial development made the world riskier?’. In the aftermath of the crisis, “mainstream economists” – as Keen derogatively describes adherents of New
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