Published on Mar 7, 2017
This video captures the audio of a presentation by Professor William Mitchell at Maastricht University as part of the Third Annual Joan Muysken Lecture Series, March 7, 2017.
This lecture was delivered to academic staff and students at the University which discusses how the mainstream macroeconomics is equivalent to ‘fake knowledge’.
More information: http://bilbo.economicoutlook.net/blog
There is some noise interference early in the video.
Slides clipped from presentation
One thought on “The Failure of Economics – Reality and Language | Professor William Mitchell”
From the other end of the spectrum it delivers very entertaining comments on how the current system operates. However it still has not got a clue about the core functioning of a monetary system in natural physics terms. However it might prevail some mistaken assumptions the system could otherwise make, it still leaves us in a blind spot.