Central banks – and many investors – believe that economies are simple systems which tend towards equilibrium. But Professor Steve Keen thinks differently. The distinguished author and research fellow at University College London believes that central bank models fail to capture the complexity of modern economies, resulting in monetary policy errors. Similarly, he argues, mainstream economists rely on faulty climate change models, leading them to dramatically underestimate the potential effects of global warming – a problem which he believes threatens to bring about a collapse of the capital...