Saturday , April 1 2023
Home / Video / Money can be an ILLUSION…

Money can be an ILLUSION…


Steve Keen considers the following as important:

This could be interesting, too:

Mike Norman writes My podcast interview with MMT professor Randy Wray.

Mike Norman writes RT — Russian central bank reveals how it braced for Western dollar grab

Mike Norman writes V. Ramanan — Nicholas Kaldor On Monetary Policy And Stability Of Financial Instituitions

Michael Smith writes Death to Farm Credit from Those on High

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. Sounds like economics is suffering from a lack of deep insights from money. Anthropology found economics to be wrong on money originating from barter. Economics puts 0 price on liquidity, even though liquidity crisis do occur. Monetary values are our main source of economic information and yet somehow Economics wants to abstract away from that some unobservable unit like utils. After all thats done, it does some extra mental gymnastics to say that the money in your wallet is an illusion but unobservable utils are somehow "real".

Leave a Reply

Your email address will not be published. Required fields are marked *