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Capitalism is inherently unstable


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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.


  1. Very true; it's madness to attempt long-term predictions of a dynamic system.

  2. What's a "cobian"? I tried searching this and found nothing relevant.

    Did he mean "JAcobian"?

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