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Keen2012BehaviouralFinance06A

Summary:
The sorry state of Macroeconomics. DSGE and why it is nonsense–as is IS-LM which it replaced.

Topics:
Steve Keen considers the following as important:

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The sorry state of Macroeconomics. DSGE and why it is nonsense–as is IS-LM which it replaced.


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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