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Breaking the Bad Habits of Economics: put that “equilibrium” out!

Summary:
Talk to undergraduate students at Cartanega University in Colombia last week comparies the insistence on equilibrium modelling by economists to the bad habit of smoking.

Topics:
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Talk to undergraduate students at Cartanega University in Colombia last week comparies the insistence on equilibrium modelling by economists to the bad habit of smoking.


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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