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The market systems failure

Summary:
The market systems failure

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Steve Keen considers the following as important:

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The market systems failure
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.

4 comments

  1. Both are largely overrated and unnecessary. Surgeons, dentists and midwives can be useful. Stop all procedures from and even before child births and you’ll be fine. Teach children to read, write, do basic calculations and learn the Bible. Most of what they teach in school is now useless.

    • and this comment right here is why you cant afford not to be educated.

    • @spoonikle I’m somewhat puzzled by your reply. You seem to have very poor punctuation, not recognising the need for capital letters, apostrophes, full stop and not starting a sentence with the word ‘and’. Wouldn’t it be better if the education system taught people like you to write properly before indoctrinating them? By the way, English is my second language. If you spoke another language, we may converse in that language if you spoke it better.

  2. Dinner with Franklin

    So many people are convinced that use value and exchange value are the same thing or almost worse that only exchange value exists.

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