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Kingston 2016 Becoming an Economist Lecture 2: The Mainstream

Summary:
The first 4 minutes and 42:40 till 52:30 are devoted to administrative and representative issues at Kingston. The rest of the lecture covers the evolution of the “Neoclassical” Mainstream from Walras’s puzzle of “Can a set of free markets reach equilibrium in each and every market at once?” to the current criticism of the mainstream ...

Topics:
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The first 4 minutes and 42:40 till 52:30 are devoted to administrative and representative issues at Kingston. The rest of the lecture covers the evolution of the “Neoclassical” Mainstream from Walras’s puzzle of “Can a set of free markets reach equilibrium in each and every market at once?” to the current criticism of the mainstream by leading Mainstream economists today.



NOTE: I didn’t record the first lecture of this year’s course due to misplacing a necessary cable. If you’d like to see it, here’s the recording from last year’s course:



https://www.youtube.com/watch?v=0o0In_4R1l4



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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