Steve Keen is an Australian economist, who is a luminary in a more advanced school of economic thought, post neoclassical. He is extending the work of Hyman Minsky through dynamic system models and shows compelling data on the effects of too much debt.
I am about half way through his Debunking Economics book, gaining better insights into neoclassical theory and why much of it doesn't work in the real world.
There is a treasure trove of lectures, models, and articles at his Debtwatch site.
No comments:
Post a Comment