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Why Neoclassical Economics Fails

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Why Neoclassical Economics Fails

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Steve Keen considers the following as important:

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Why Neoclassical Economics Fails
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.

2 comments

  1. Everybody leaves out planned obsolescence and the depreciation of durable consumer goods. How many automobiles have Americans trashed since Sputnik? Weren't they added to GDP?

  2. Steve is just good an mountains climber and an car salesman

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