The belief that a capitalist economy is inherently stabilising is also one for which inhabitants of market economies may pay dearly in the future. - Steve Keen

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The belief that a capitalist economy is inherently stabilising is also one for which inhabitants of market economies may pay dearly in the future.

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About Steve Keen

Steve Keen (born 28 March 1953) is a professor in economics and finance at the University of Western Sydney. His recent work mostly concentrates on mathematical modeling and simulation of financial instability. He is a Fellow at the Centre for Policy Development. He classes himself as a post-Keynesian, criticizing both modern neoclassical economics and Marxian economics as inconsistent, unscientific and empirically unsupported. The major influences on Keen's thinking about economics include John Maynard Keynes, Hyman Minsky, Piero Sraffa, Joseph Alois Schumpeter, and François Quesnay.

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Alternative Names: Steven Keen
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