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Talk to the Glasgow Economics Forum 2021

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.

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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.
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.

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