Tuesday, October 1, 2013

Steve Keen on Non-Equilibrium Economics: Lecture 1

This is Lec­ture 1 (“Why Eco­nom­ics Must be a Dis­e­qui­lib­rium Discipline”) of a series of 5 lectures by Steve Keen on non-equilibrium economics, given in Quito (Ecuador) at FLACSO (the Latin American Social Sciences Institute) in September, 2013.

Perhaps the title is meant to evoke the classic monograph of Nicholas Kaldor called Economics Without Equilibrium (Armonk, N.Y., 1985), and Steve Keen does not disappoint in his discussion of why economics needs to reject neoclassical Walrasian equilibrium theory and be a social science that deals with dis­e­qui­lib­rium.

Kaldor, Nicholas. 1985. Economics Without Equilibrium. M.E. Sharpe, Armonk, N.Y.

No comments:

Post a Comment