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Quote by Steve Keen

“Neoclassical economics has effectively insulated itself from the great advances made in science and engineering over the last 40 years. This self-imposed isolation must come to an end. For while the concepts of neoclassical economics appear difficult, they are actually quaint in comparison to the sophistication evident in today's mathematics, engineering, computing, evolutionary biology and physics. In order to advance, economics must humbly submit to learning from disciplines that it has studiously ignored for so long. Some researchers in outside fields have called for the wholesale replacement of standard economics curricula, using at least the building blocks of modern thought inherent in other disciplines.”

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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