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Steve Keen is a very interesting hetrodox economist that I highly recommend to HN. He is very difficult to categorize: he is a liberal Australian academic who
by carsongross 11y ago
Steve Keen is a very interesting hetrodox economist that I highly recommend to HN.
He is very difficult to categorize: he is a liberal Australian academic who is an admirer of both Keynes and Hayek, and has built upon and synthesized both of their work. He does a lot of computer simulations of economies using real-world behaviors (e.g. mark-up pricing) and has generated results and opinions that are guaranteed to annoy pretty much everyone.
He blogs at Forbes (which is funny, given his politics):
http://www.forbes.com/sites/stevekeen/ http://www.forbes.com/sites/stevekeen/
And has a great book out that takes on classical economics:
http://www.amazon.com/Debunking-Economics-Revised-Expanded-Dethroned/dp/1848139926 http://www.amazon.com/Debunking-Economics-Revised-Expanded-D...
- latj 11y agoI had never heard of him but the title of this article is beyond a literary device- it is bait-and-switch. It is dishonest. You expect this from from shifty clickbait websites hawking beauty tips and lists of top 10 ___ "they" dont want you to know about. But you cannot take anyone serious who writes an article like this.
- carsongross 11y agoThe title is a joke. Yes, it's provocative, but give the guy a break: he's a small time economist at a second-tier university in an island nation who is saying some of the most interesting things about economics in the world today. You would be doing yourself a disservice not reading his stuff based on a blog post title.
- latj 11y agoWell, your description of him hits a little too close to home so I guess I have to give him a second chance. Also I wrote "hawking". haha.
- dang 11y agoYes, clearly a baity title. We changed the HN title to better reflect what the article argues. The argument itself is interesting, so let's all focus on that now.
- dredmorbius 11y agoIf you're going to mention Keen, you should note that his true hero and influence (reflected in the name of his analytic software) is Hyman Minsky, a rather underappreciate 20th century economist (not to be confused with the AI researcher Marvin Minsky, whom I'd initially referenced, since edited): https://en.m.wikipedia.org/wiki/Hyman_Minsky https://en.m.wikipedia.org/wiki/Hyman_Minsky Yes, Keen does abstract from both Keynes and Hayek (who's among the less-strident Austrian School types), but neither are his primary focus.
- carsongross 11y agoThank you for mentioning that, I should have pointed it out in my initial comment.
- dredmorbius 11y agoTo be fair, Keen neglected to mention it in the entry as well. Interesting, as he frequently does. And he did conspicuously mention Hayek.