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Teaching Economics the Pluralist Way: no more airbrushed economics from any school

Summary:
This is a speech I gave to the Amsterdam Rethinking Economics students when they launched their survey on the state of economics teaching in The Netherlands, laving out key principles for teaching economics the pluralist way: 1 Teach Honestly: Give a “Warts and All” treatment of every school 2 Read the original sources—journals & books—not ...

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This is a speech I gave to the Amsterdam Rethinking Economics students when they launched their survey on the state of economics teaching in The Netherlands, laving out key principles for teaching economics the pluralist way:



1 Teach Honestly: Give a “Warts and All” treatment of every school


2 Read the original sources—journals & books—not textbooks


3 Let experts teach maths & computing, not economists


4 Facts exist & are not theory-neutral


4.1 Rules of accounting versus Money Multiplier


4.2 Great Depression Soup Kitchens versus RBC “voluntary unemployment” myths


4.3 Decline of Soviet Union versus Marxist faith in socialism


5 Learn Economic History & History of Economics


6 Learn modern “complex systems” approach to dynamics from mathematicians (see www.ChaosBook.org)


7 Learn computing & multi-agent modelling from computer scientists


8 Look at the “Cliodynamics” approach to history


9 Arguably doing what economists should always have be doing


10 Use the Web for academic freedom where Universities suppress it



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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