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Economic reform for the modern world

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Economic reform for the modern world

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Economic reform for the modern world
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.

3 comments

  1. It's the Lorenz modelling of the weather and not the fact that we have weather satellites – that let's us predict the weather with greater accuracy?

    • Both, but the Lorenz modelling came first. If it were the other way round, (a) we'd be 20 years behind where we are now (Lorenz wrote in 1963, weather satellites didn't start going up till the 80s), and (b) feeding good data into bad models would have slowed down the development of an alternative–or made its development more conflictual.

    • @ProfSteveKeen  Makes sense.

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