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Key to a thriving economy

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Steve Keen considers the following as important:

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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. Negative self reinforcing feedback loop. Thank you for pointing this out and breaking down the details. Your analysis is great for highlighting out the weak points in the foundations the current economic system

  2. The whole thing is broken. Ok. Let's take a look at it the other way. 14 years of ultra low interest rates, deficit driven spending up the wazooo and how are economies doing generally…

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