The New Economics
By Steve Keen
Category
EconomicsRecommended by
"The New Economics" by Steve Keen is a groundbreaking exploration of conventional economic theory and its limitations. Keen challenges the mainstream view by presenting an alternative framework that takes into account the role of private debt in driving economic cycles.
In this concise and precise book, Keen highlights how the widely accepted belief in a self-regulating market system ignores the crucial role of private debt. He argues that excessive private debt can lead to financial instability and economic crises, as seen in the 2008 global financial meltdown.
With line breaks for better readability:
"The New Economics" by Steve Keen is a groundbreaking exploration of conventional economic theory and its limitations.
Keen challenges the mainstream view by presenting an alternative framework that takes into account the role of private debt in driving economic cycles.
In this concise and precise book, Keen highlights how the widely accepted belief in a self-regulating market system ignores the crucial role of private debt.
He argues that excessive private debt can lead to financial instability and economic crises, as seen in the 2008 global financial meltdown.
In this concise and precise book, Keen highlights how the widely accepted belief in a self-regulating market system ignores the crucial role of private debt. He argues that excessive private debt can lead to financial instability and economic crises, as seen in the 2008 global financial meltdown.
With line breaks for better readability:
"The New Economics" by Steve Keen is a groundbreaking exploration of conventional economic theory and its limitations.
Keen challenges the mainstream view by presenting an alternative framework that takes into account the role of private debt in driving economic cycles.
In this concise and precise book, Keen highlights how the widely accepted belief in a self-regulating market system ignores the crucial role of private debt.
He argues that excessive private debt can lead to financial instability and economic crises, as seen in the 2008 global financial meltdown.
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