Picture
All three Steve Keen seminars in New Zealand will include an overview of conventional economic theory and the alternatives, the failures of Milton Friedman and monetary economics, and will look at the present economic situation and why it can’t be solved with current methods. Each seminar will include analysis of NZ’s housing market, private debt levels, and foreign bank ownership.
Professor Keen will also discuss specific topics as described in the seminar programme details below.

    A Day with Steve Keen
            in Auckland  

    The New Zealand and Australian
                   Asset Markets

Date:     Friday 7 September
Time:     8.45am - 3.00pm
Venue:   Barrycourt Hotel
             20 Gladstone Rd, Parnell, Auckland


Programme
The New Zealand and Australian Asset Markets

The past two decades of rising prices in the New Zealand and Australian share and housing markets have been facilitated by an unsustainable rise in private debt. Professor Steve Keen will:
  • Look at the nature of a debt-induced speculative asset price bubble through integrating the theory of debt deflation and identifying the flaws in conventional economic theory
  • Examine the structural issues associated with foreign ownership of New Zealand banks in an environment of financial instability
  • Give a comprehensive overview of Hyman Minsky’s Financial Instability Hypothesis and endogenous money
  • Discuss the move towards excessive privatisation, and the over expansion of balance sheets
  • Show how the Great Depression relates to the current financial crisis and talk through the solutions of the 1930s that were largely influenced by John Maynard Keynes
  • Provide an overview of some alternative monetary systems, and propose solutions for the crisis

         8.45am        Registration
         9.15am        Welcome
         9.30am        Session 1
         10.30am      MORNING TEA
         11.00am      Session 2
         12.30pm      LUNCH
         1.30pm        Session 3
         2.30pm        Q&A
         3.00pm        Seminar ends


Registration fee: $285
If 2 or more register together from the same
organisation, then fee is reduced to $245 pp

Morning tea and Lunch included

We are no longer taking online registrations.
Please come along on the day and register and pay at the door, either cash or eftpos.


A Morning with Steve Keen
          in Auckland 

          The Global Economy


Date:     Saturday 8 September
Time:     8.15am - 1.00pm
Venue:   Barrycourt Hotel
             20 Gladstone Rd, Parnell, Auckland


Programme
The Global Economy

The years 2007-2008 marked a crucial turning point in economic thinking as the empirical reality of the defects in neoclassical economics could no longer be denied. Professor Keen will provide an overview of the Global Financial Crisis in its entirety. He will:
  • Analyse the United States economy as the most extreme example of financial deregulation and free market failure
  • Discuss the emergence of conventional economic theory and the concomitant ignoring of Milton Friedman’s theoretical oversimplifications
  • Explain endogenous money creation and how excessive leverage in the asset markets ultimately creates financial instability
  • Examine the monetary trends of the Australian and New Zealand markets
  • Explore the European sovereign debt crisis and the adverse implications of Austerity
  • Consider the current extend and pretend policies and how they fail to deal with the root cause of the crisis
      
        8.15am            Registration
        8.45am            Welcome
        9.00am            Session 1
        10.30am          MORNING TEA
        11.00am          Session 2
        12.30pm          Q&A session
        1.00pm            Seminar ends


Registration fee: $195
If 2 or more register together from the same organisation, then fee is reduced to $160 pp

Morning tea included (Lunch not included)

We are no longer taking online registrations.
Please come along on the day and register and pay at the door, either cash or eftpos.


A Morning with Steve Keen in Wellington

             Solutions to the Crisis


Date:     Monday 10 September
Time:     8.15am - 1.00pm
Venue:   James Cook Hotel
             147 The Terrace, Wellington


Programme
Solutions to the Crisis

In order to solve the Global Financial Crisis, economists must include money, banks and debt into their modelling. Professor Keen will explain the premise of endogenous money and will:
  • Elaborate on the theories developed by Hyman Minsky and discuss in depth Minsky’s Financial Instability Hypothesis
  • Analyse the long-term price trends of the Australian and New Zealand asset markets
  • Propose some regulatory structures that could be imposed to assist in stabilising the asset markets
  • Identify the 1970s era of stagflation, not as a failure of John Maynard Keynes, but rather as a consequence of finite resources and limitations on money
  • Explain the rationale behind disequilibrium-based modelling and his dynamic approach to economic modelling
  • Present his hypothesis for solving the crisis through a modern day debt jubilee

       
        8.15am            Registration
        8.45am            Welcome
        9.00am            Session 1
        10.30am          MORNING TEA
        11.00am          Session 2
        12.30pm          Q&A session
        1.00pm            Seminar ends
                               LUNCH


Registration fee: $225
If 2 or more register together from the same organisation, then fee is reduced to $190 pp

Morning tea and Lunch included (Lunch after)

We are no longer taking online registrations.
Please come along on the day and register and pay at the door, either cash or eftpos.


For a printable version of the seminar programmes and registration form
click on the image.
Picture