Steve Keen

Steve Keen

Steve Keen is an Australian economist and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific and empirically unsupported.

17 posts

Bite-size chunks of Lex and Steve

by Steve Keen in Steve Keen

There may be more released (the last went up just an hour ago, the first 22 hours ago), so keep an eye on the Lex Clips channel. Of course, feel free to send these to anyone who you think might find them interesting (or, for that matter, aggravating!).

This Ain't Your Daddy's Inflation Part Two

by Steve Keen in Steve Keen

I'll go into Friedman's argument in more detail here, not for its historical interest, but because an essential part of it—the concept of "inflationary expectations"—still plays a major role in how Central Banks think they can control the economy.

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