The New Economics 1st edition by Steve Keen – Ebook PDF Instant Download/Delivery: 150954528X , 978-1509545285
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ISBN 10: 150954528X
ISBN 13: 978-1509545285
Author: Steve Keen
In 1517, Martin Luther nailed his 95 theses to the wall of Wittenberg church. He argued that the Church’s internally consistent but absurd doctrines had pickled into a dogmatic structure of untruth. It was time for a Reformation.
Half a millennium later, Steve Keen argues that economics needs its own Reformation. In Debunking Economics, he eviscerated an intellectual church – neoclassical economics – that systematically ignores its own empirical untruths and logical fallacies, and yet is still mysteriously worshipped by its scholarly high priests. In this book, he presents his Reformation: a New Economics, which tackles serious issues that today’s economic priesthood ignores, such as money, energy and ecological sustainability. It gives us hope that we can save our economies from collapse and the planet from ecological catastrophe.
Performing this task with his usual panache and wit, Steve Keen’s new book is unmissable to anyone who has noticed that the economics Emperor is naked and would like him to put on some clothes.
The New Economics 1st Table of contents:
1 Why this manifesto?
Notes
2 Money matters
2.1 Modelling the origins of fiat money in Minsky
2.2 Modelling modern fiat money in Minsky
2.3 The logic of credit’s role in aggregate demand
2.4 Negative credit, economic crises and economic policy
2.5 An integrated view of deficits and credit
2.6 A Modern Debt Jubilee
2.7 Taming ‘the roving cavaliers of credit’
2.7.1 ‘The pill’
2.7.2 Jubilee shares
2.7.3 Entrepreneurial equity loans
2.8 Shifting the monetary paradigm
Notes
3 Our complex world
3.1 A complex systems model of economic instability
3.2 Complexity and the impossibility of microfoundations
3.3 The macrofoundations of macroeconomics
Notes
4 Economics, energy and the environment
4.1 Our unsustainable future
4.2 Revolution by revulsion
Notes
5 The Neoclassical disease
Notes
6 Conclusion: Be the change
6.1 Your contrarian education in economics
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