by Summary:
This is a high-speed outline of the key points in my new book that challenge mainstream Neoclassical economic thinking. The topics covered are endogenous money ("Bank Originated Money and Debt") versus the empirically false mainstream model of Loanable Funds; the role of energy in production, and how the mainstream Cobb Douglas Production Function understates the role of energy in production by at least one order of magnitude; and how mainstream climate change economics has negligently trivialized the dangers of global warming.
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Steve Keen considers the following as important:
This could be interesting, too:
This is a high-speed outline of the key points in my new book that challenge mainstream Neoclassical economic thinking. The topics covered are endogenous money ("Bank Originated Money and Debt") versus the empirically false mainstream model of Loanable Funds; the role of energy in production, and how the mainstream Cobb Douglas Production Function understates the role of energy in production by at least one order of magnitude; and how mainstream climate change economics has negligently trivialized the dangers of global warming.
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
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| This is a high-speed outline of the key points in my new book that challenge mainstream Neoclassical economic thinking. The topics covered are endogenous money ("Bank Originated Money and Debt") versus the empirically false mainstream model of Loanable Funds; the role of energy in production, and how the mainstream Cobb Douglas Production Function understates the role of energy in production by at least one order of magnitude; and how mainstream climate change economics has negligently trivialized the dangers of global warming. |