144. Economy 2.0 - Economic models for sustainability

Economy 2.0, which launched November 12 in collaboration with The Silvio Gesell Foundation, is a monthly series that investigates these pressing questions. Each episode will feature thought leaders, economists, and forward-thinking experts sharing their perspectives on the future of the global economy and the path forward.   In the inaugural episode, host Josh Sidman will sit down with Prof. Steve Keen to explore what a post-status quo world might look like. Dr. Keen received his bachelor's degree from the University of Sydney and went on to complete his master's and Ph.D. in Economics and Economic History from the University of New South Wales. He is the author of several books on economics, of which the two most famous are Debunking Economics and The New Economics: A Manifesto. Both critique conventional economic theory. Dr. Keen has taught at the University of Western Sydney and Kingston University in London. He is currently leading the development of a software package called Minsky, a dynamics-based visualization tool for macroeconomic modeling. Together, we discussed why money should be considered multidimensional, why housing prices continue to skyrocket, and how a parallel currency of carbon credits could reduce overconsumption.