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Understanding Financial Crises

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Understanding Financial Crises

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Steve Keen considers the following as important:

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Understanding Financial Crises
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.

One comment

  1. GhostOnTheHalfShell

    I think mmt just needs a solid description of what bounds gov debt need to be observed and why plus a drubbing the idea of equilibrium. Because the hateful thing about standard economics is it seems to treat money as a perfect gas of uniform temperature distributing itself to fit an economy. Say how the financial system concentrates wealth and what that does to an economy, because economics doesn’t even touch that topic.

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