It’s not actually new, but like virtually everything else Keen has (excellently) done in de-bunking neo-liberal economics and DSGE, is a re-discovery of the insights of C.H. Douglas, and a partial affirmation of my Wisdomics which is a further extension of Social Credit policies and an exegesis of the concept upon which it is based, namely the philosophical concept of Grace, so that the workings of the economy can be better observed and policies implemented in a more scientific and humane fashion.

Keen’s recommendation of “people’s QE” is an excellent suggestion, but is basically a palliative one off action instead of the ongoing solutions of a monthly universal dividend and retail discount mechanisms that would monetarily encompass and book end the economy through time thus immensely stabilizing it.