Some Anvils Need to be Dropped

JDN 2456534 PDT 15:58.

A review of Debunking Economics: The Naked Emperor Dethroned?

by Steve Keen.

The basic message Keen is trying to

send is a vitally important one: Neoclassical economics is failing.

Models based around rational agents and static equilibrium simply

fail to represent the real world, and and as a result give

policymakers a false sense of security against economic crisis.

The way Keen delivers this message is

by avalanche: Page after page, chapter after chapter, he tears apart

neocla...