Austerity in the Eurozone is damaging economic recovery, says Kingston professor

Posted Tuesday 9 September 2014

Professor Steve Keen, head of Kingston University's school of economics, history and politics, criticises German-led Eurozone austerity measures.

Speaking on CNBC rolling news, professor Keen called for private debt to be written off in what he describes as a "modern-day debt jubilee".

He said: "If you have got the private sector paying it's debt down and you tell the government to do the same thing, you are saying 'hey guys, let's shrink the amount of money in the economy, and see if you can grow'."

Read the full story and watch the video here.

Latest news stories

Kingston University expert urges rethink on public sector funding as he collects honour for outstanding contribution at Social Worker of the Year Awards

Disability Rights history comes to life – oral history project helps Kingston University student nurses and teachers learn about disability and inclusion

Kingston University's UN law expert returns to Jamaica to advise government in cracking down on terror related activities

New research by Kingston Business School expert debunks myths around best way to manage emails at work

Contact us

General enquiries:

Journalists only: