Why don't Economists understand money? (Conference 2013)

http://www.positivemoney.org/ Prof Victoria Chick, Emeritus Professor of Economics, University College London, addressed the question: "Why Don't Academics Understand Money?" at the Positive Money conference in January 2013. She said there has been a regression in the way economics has been taught. This 18 mins video gives some very interesting insights. The book mentioned in the talk can be ordered here: http://www.positivemoney.org/shop/mod... More about the 'Modernising Money' conference 2013 here: http://www.positivemoney.org/conference/ -------------------------- SUBSCRIBE to Positive Money UK's videos: http://www.youtube.com/subscription_c... Like us on Facebook   / positivemoney   Follow us on Twitter   / positivemoneyuk   Follow us on Google+ http://www.positivemoney.org.uk/googl... Positive Money is a not-for-profit research and campaign group. They work to raise awareness of the connections between our current monetary and banking system and the serious social, economic and ecological problems that face the UK and the world today. In particular they focus on the role of banks in creating the nation's money supply through the accounting process they use when they make loans - an aspect of banking which is poorly understood. Positive Money believe these fundamental flaws are at the root of - or a major contributor to - problems of poverty, excessive debt, growing inequality and environmental degradation. For more information, please visit: http://www.positivemoney.org/ Help us caption & translate this video! http://amara.org/v/Bi6L/