New Economics
In 1517, Martin Luther nailed his 95 theses to the wall of Wittenberg church. It was time for a Reformation.Half a millennium later, Steve Keen argues that economics needs its own Reformation. He argued that the Church's internally consistent but absurd doctrines had pickled… Celý popis ↓
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New Economics
In 1517, Martin Luther nailed his 95 theses to the wall of Wittenberg church. It was time for a Reformation.Half a millennium later, Steve Keen argues that economics needs its own Reformation. He argued that the Church's internally consistent but absurd doctrines had pickled into a dogmatic structure of untruth.
In his book, he presents his Reformation: a New Economics that takes serious issues that today's economic priesthood ignores, such as money, energy, and ecological sustainability. 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. It gives us hope that we can save our economies from collapse and the planet from ecological catastrophe.Performing this task with his usual
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