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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
This paper examines occupational choice to test if an extended array of variables, including personality traits, influences an individual?s occupational choice. Typically the heterogeneity of labour markets is examined by looking for compensating wage differentials as first advocated by Adam...
Persistent link: https://www.econbiz.de/10009482179
The aim of this paper is to study the likely impacts of the Global Financial and Economic Crisis on the Australian labour market. We argue that the impact of the global crisis on the Australian economy is likely to be a continuing increase in unemployment and long term unemployment. The impact...
Persistent link: https://www.econbiz.de/10009482261