Summary:
I cover why equilibrium has gone from a modelling compromise for 19th century Neoclassical economists into a near religious belief about the nature of economics amongst 21st century Neoclassicals, how genuine dynamic economic analysis can be derived directly from the structure of the economy, how energy can be incorporated into economic modelling, and why economics remains a pre-scientific discipline.
Topics:
Steve Keen considers the following as important:
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I cover why equilibrium has gone from a modelling compromise for 19th century Neoclassical economists into a near religious belief about the nature of economics amongst 21st century Neoclassicals, how genuine dynamic economic analysis can be derived directly from the structure of the economy, how energy can be incorporated into economic modelling, and why economics remains a pre-scientific discipline.
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
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I cover why equilibrium has gone from a modelling compromise for 19th century Neoclassical economists into a near religious belief about the nature of economics amongst 21st century Neoclassicals, how genuine dynamic economic analysis can be derived directly from the structure of the economy, how energy can be incorporated into economic modelling, and why economics remains a pre-scientific discipline. |