Biggest bubble of all times
"Fiddling away while living in the biggest bubble in human history."
Steve Keen explains what is taught and how it is taught in universities and why those models don't work, haven't worked and have lead to the insanity in policy.
I have always thought that some degrees do an incredible job of teaching people to not think and dismiss the obvious and listening to Keen's videos have given me a better understanding of what is taught and why there is such a disasterous group set of thinking.
If nothing else, I'd listen to and look at the chart from about 11 to 12 minutes in the video.
Just after 13:30 minutes I love how he refers to how we've taught equilibrium systems and not the mathematics of dynamic - differential equations and systems analysis. I find that interesting as well as I've always said I never really understood the "fluidity" of numbers until I took calculus, and on that point I almost think calculus should be a requirement to run in an election.
Previous videos on his site also show how modern text books do not follow the historical theory and the historical theory has merit that the textbooks have done away with.