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My differences with the standard neoclassical model of the economy are legion and have literally filled a book. Debunking Economics (Keen, 2001) focused on the flaws in the micro side of neoclassical economics, because that is the wellspring from which all neoclassical economic fallacies...
Persistent link: https://www.econbiz.de/10009481944
The proposition that the Global Financial Crisis was inherently unpredictable is a recurrent theme amongst those charged with preventing such events. It is also a convenient untruth. A Netherlands academic did a rather better survey of the literature than Governor Stevens, to identify 12...
Persistent link: https://www.econbiz.de/10009482087
Input-output analysis was a particular way of state intervention. Its success was due to the connection of a theory to a model and to an instrument. It was a tool for science and for action. This articulation of an explanatory, a descriptive and a prescriptive dimension may be understood as an...
Persistent link: https://www.econbiz.de/10009643206
Indubitably born in the USA, input-output analysis has an important European history, from its very beginnings in the Soviet Union to the postwar huge development of I/O techniques in West and North Europe. This paper studies the European experience of input-output analysis by surveying and...
Persistent link: https://www.econbiz.de/10009004212