The New Economics

The New Economics

by Steve Keen

Recommended byRyan Petersen

About This Book

"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.

What People Are Saying

[One of] the best books for business people

Ryan Petersen

Revisit Your Highlights, Deepen Your Understanding

Import your Kindle highlights to review, organize, and share the ideas that matter most to you.

Get the free browser extension

Share This Book