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Book Launch for The New Economics: A Manifesto. Talk to Economic Society of Australia

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.

Topics:
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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.
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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