If you are interested in how the economy really works (and want to challenge an economist) then read this book --James Dick, Professional Members Division, The Economic Society of Australia
Praise for the first edition: ' Particularly useful to those, like myself, who are interested in economics but not formally trained in it. Debunking Economics reveals that neoclassical economic doctrines are faulty... because the fundamental assumptions from which such doctrines have been derived are less than self-evident' --Henry C.K. Liu, Chairman, Liu Investment Group
'Keen s serious but accessible look at the shaky logical and mathematical foundations of neoclassical economics will be of great interest to students and open-minded economists alike. And his insightful survey of alternative schools of thought lends substance to his call for a new economics. ' --Don Goldstein, Associate Professor of Economics, Allegheny College
About the Author
Steve Keen is Associate Professor of Economics & Finance at the University of Western Sydney. Steve predicted the financial crisis as long ago as December 2005, and warned that back in 1995 that a period of apparent stability could merely be 'the calm before the storm'. ----- He received the Revere Award from the Real World Economics Review for being 'the economist who most cogently warned of the crisis, and whose work is most likely to prevent future crises.'