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Steve Keen

Head of the School of Economics, History and Politics, Kingston University, UK
Steve KeenSteve Keen

Professor Steve Keen, one of the world’s leading heterodox economic thinkers, is head of the school of economics, history and politics at Kingston University, London. He was previously professor of economics and finance at the University of Western Sydney. He won the Revere Award from the Real World Economics Review for being the economist “who [in 2005] first and most clearly anticipated and gave public warning of the Global Financial Collapse and whose work is most likely to prevent another GFC in the future”. His book Debunking Economics (2001/2011) sets out many of the formal critiques of neoclassical economics. Born in Sydney in 1953, Keen has published academic papers on subjects including modelling financial instability, monetary macroeconomics, chaos and complexity theory, and mathematical flaws in neoclassical microeconomics. In his pre-academic career Keen was a school librarian, education officer for an NGO, conference organizer, computer programmer, journalist for the computer press, and economic commentator for the Australian Broadcasting Corporation (ABC).

Articles by this Author

  • Capitalism no longer needs to defend itself with fairy stories
    by Steve Keen
    The global financial crisis of 2008 should have taught us that a sophisticated market economy is inherently unstable, and that it is therefore prone to serious crises which are almost always caused by its financial sector. Had we learned those lessons, economic theory would have evolved since the crisis to recognize that instability is the norm, and that the finance sector needs to be curtailed in order to prevent the excessive accumulation of...

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