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Quote by Steve Keen

“An essential pedagogic step here is to relegate the teaching of mathematical methods in economics to mathematics departments. Any mathematical training in economics, if it occurs at all, should come after students have at the very least completed course work in basic calculus, algebra and differential equations (the last being one about which most economists are woefully ignorant). This simultaneously explains why neoclassical economists obsess too much about proofs and why non-neoclassical economists, like those in the Circuit School, experience such difficulties in translating excellent verbal ideas about credit creation into coherent dynamic models of a monetary production economy.”

Quote by Steve Keen

Book:Adbusters #84 Pop Nihilism
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Adbusters #84 Pop Nihilism

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Steve Keen
Steve Keen

Steve Keen is an Australian economist known for his research on economic cycles and the role of debt in financial crises. His work challenges some fundamental assumptions of mainstream economics and proposes alternative economic models. more

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