Tuesday, June 11, 2013

Steve Keen — The Neoclassical conspiracy against Post Keynesian Economics (1)

Paul Krugman recently posted on predictions of the crisis before it happened, in a piece entitled “Non-prophet Economics”. It had a set of propositions about how one should evaluate such claims with which I completely and utterly agree. I’ll quote it in its entirety, because it’s an eminently suitable starting point for evaluating whether a prediction was in fact made:
Real-World Economics Review Blog
The Neoclassical conspiracy against Post Keynesian Economics (1)
Steve Keen

2 comments:

paul meli said...

“First they ignore you, then they ridicule you, then they fight you, and then you win.”― Mahatma Gandhi

We're at the fight stage…

In my book it means we are on the way to winning.

system failure due to insufficient evolution? said...

IT HAPPENS NOW: THE GREEK GOVERNMENT DECIDED TO CLOSE PUBLIC TV WITH A SIMPLE ANNOUNCEMENT!

http://adiritos.blogspot.gr/2013/06/it-happens-now-greek-government-decided.html