London Thinks – Will We Crash Again? Why Capitalism Needs Debt Write-offs to Survive

Mainstream economists failed to anticipate the great financial crash of 2007-8. In this talk, Professor Steve Keen will share his view on the bigger picture – including recent financial developments around the world. He will review options for the future of economics, highlight the little-understood importance of debt, and argue that significant debt write-downs are needed in order to limit future financial crashes.

Steve Keen is a Professor of Economics & Head of the School of Economics, History & Politics at Kingston University. He was one of the handful of economists to realise that a serious economic crisis was imminent, and to publicly warn of it, from as early as December 2005.

A staunch critic of mainstream economics, his book Debunking Economics is now in its 2nd edition and has been translated into Chinese, French and Spanish.

The event will be moderated by David Wood, Chair of London Futurists. The talk will be followed by audience Q&A.

A cash bar will be available at the event. Afterwards, there will be the chance to continue the discussion at a nearby pub.

Organised in partnership with the London Futurists.

London Futurists hold regular speaker events to explore radical scenarios for the next 3-40 years. For more details, see http://londonfuturists.com/.