Steve Keen
Born
in Australia
March 28, 1953
Website
Genre
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“...If you look at mainstream economics there are three things you will not find in a mainstream economic model - Banks, Debt, and Money.
How anybody can think they can analyze capital while leaving out Banks, Debt, and Money is a bit to me like an ornithologist trying to work out how a bird flies whilst ignoring that the bird has wings...”
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How anybody can think they can analyze capital while leaving out Banks, Debt, and Money is a bit to me like an ornithologist trying to work out how a bird flies whilst ignoring that the bird has wings...”
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“Engineers do engineering, i.e. they build bridges. So engineering needs engineers. The economy does NOT need economists. Economists do not make economy, but they try it and that is why we have so much problems with some financial models.”
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“Have you heard the joke about the chemist, physicist and economist who get wrecked on a desert isle, with a huge supply of canned baked beans as their only food? The chemist says that he can start a fire using the neighbouring palm trees, and calculate the temperature at which a can will explode. The physicist says that she can work out the trajectory of each of the baked beans, so that they can be collected and eaten. The economist says "Hang on guys, you're doing it the hard way. Let's assume we have a can opener.”
― Debunking Economics: The Naked Emperor Dethroned?
― Debunking Economics: The Naked Emperor Dethroned?
Topics Mentioning This Author
| topics | posts | views | last activity | |
|---|---|---|---|---|
| Goodreads Librari...: Clean up XII | 972 | 462 | Apr 12, 2021 01:23PM |
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