Posted To Revengeance Economics Interview With Steve Keen 05/05/2017

Keen’s analysis and de-bunking of DSGE is terrifically enlightened, but his policy recommendations are incomplete and only partially conscious of the new economic paradigm of Monetary Grace as in Gifting. Partially conscious because his advocacy of “a modern debt jubilee” is aligned with Monetary Gifting, but incomplete in that a jubilee is a static “one off” policy and he also has no effective dynamic pricing policy to enable both individuals and enterprise to survive and thrive in an inherently disequillibative modern economy. Curiously he hasn’t aligned his policy recommendations with the very disequilibrium theory he advocates. You can see the full fleshing out of the concept and aligned policies for accomplishing the integration of the truths of both conservative and liberal economic theories and hence full consciousness of same here:

wisdomicsblog.com

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s