The New Economics: A Manifesto by Steve Keen-Review — Dirk Bezemer

Summary:
Steve Keen did it again. This Manifesto is a lucid deconstruction of fallacies in neoclassical economics, a reflection on its puzzling persistence, a passionate plea for another kind of economics, and a demonstrationof the hands-on creation of that alternative in two areas, monetary economics and environmental economics. All this comes in a slim volume of less than 160 pages, with copious notes and extensive references added. The book is at once accessible, engaging and scholarly. The breadth of Keen’s reading and analysis is impressive, ranging from the earliest history of economics to the profession’s latest newspaper polemics, from population biology and complexity science to implications of the Second Law of Thermodynamics, and from the primeval origins of money to the latest fashion

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