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Thermodynamics 2.0 keynote: Macroeconomics, Minsky, & fraud in Neoclassical climate change economics

Summary:
Thermodynamics 2.0 was the “bisociation of thermodynamics with other academic disciplines such as physics, biology, sociology, economics… It is about merging two cultures, not just bridging the gap.” I argue proper scientific methods should take economics over, not merge with what is currently there. I show macroeconomics doesn’t need microeconomics, illustrate modeling using the Minsky ...

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Thermodynamics 2.0 was the “bisociation of thermodynamics with other academic disciplines such as physics, biology, sociology, economics… It is about merging two cultures, not just bridging the gap.” I argue proper scientific methods should take economics over, not merge with what is currently there.



I show macroeconomics doesn’t need microeconomics, illustrate modeling using the Minsky system dynamics software, & expose the appallingly bad work of Neoclassical climate change economists



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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