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Crash Course in Non-Equilibrium Economics Lecture 2A

Summary:
I regard Marx, Schumpeter, Fisher, Keynes, Kalecki and Goodwin as the major foundations of a non-equilibrium approach to economics. This lecture provides an overview of the first 4–including a non-orthodox interpretation of Marx that is bound to annoy Marxists but emphasizes his coherent analysis of the cyclical nature of capitalism

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I regard Marx, Schumpeter, Fisher, Keynes, Kalecki and Goodwin as the major foundations of a non-equilibrium approach to economics. This lecture provides an overview of the first 4–including a non-orthodox interpretation of Marx that is bound to annoy Marxists but emphasizes his coherent analysis of the cyclical nature of capitalism


Steve Keen
Steve Keen (born 28 March 1953) is an Australian-born, British-based economist and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific and empirically unsupported. The major influences on Keen's thinking about economics include John Maynard Keynes, Karl Marx, Hyman Minsky, Piero Sraffa, Augusto Graziani, Joseph Alois Schumpeter, Thorstein Veblen, and François Quesnay.

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