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:
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:
Mike Norman writes Rinse and repeat–Truss chaos–the new benchmark — Bill Mitchell
Lars Pålsson Syll writes The man who never wavered — Alan Bates
Joel Eissenberg writes You can’t fool Mother Nature
Bill Haskell writes Grades and learning
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. |