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Keynote Speech to EAEPE 2015: Simple complex systems model of Great Moderation & Great Recession

Summary:
This is my keynote speech to the 2015 conference of the European Association for Evolutionary Political Economy (EAEPE: http://eaepe.org/). In it I argue that a simple complex systems model captures most of the important economic dynamics of the last 30 years, even with the simplest possible economic relations and linear behavioural relations.

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This is my keynote speech to the 2015 conference of the European Association for Evolutionary Political Economy (EAEPE: http://eaepe.org/). In it I argue that a simple complex systems model captures most of the important economic dynamics of the last 30 years, even with the simplest possible economic relations and linear behavioural relations.


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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