Steve Keen
E707627
Steve Keen is an Australian post-Keynesian economist known for his critiques of mainstream economics and his work on debt-deflation and financial instability.
Statements (46)
| Predicate | Object |
|---|---|
| instanceOf |
economist
ⓘ
person ⓘ post-Keynesian economist ⓘ |
| approach |
dynamic modeling of the economy
ⓘ
non-equilibrium economics ⓘ stock-flow consistent modeling ⓘ systems dynamics in economics ⓘ |
| economicSchoolOrTradition | post-Keynesian economics ⓘ |
| field | economics ⓘ |
| hasCritiqued |
efficient-market hypothesis
NERFINISHED
ⓘ
equilibrium-focused economic modeling ⓘ neoclassical macroeconomics ⓘ rational expectations assumption ⓘ representative agent models ⓘ |
| influencedBy |
Hyman Minsky
NERFINISHED
ⓘ
Irving Fisher NERFINISHED ⓘ John Maynard Keynes NERFINISHED ⓘ Joseph Schumpeter NERFINISHED ⓘ Karl Marx ⓘ Piero Sraffa NERFINISHED ⓘ |
| knownFor |
criticism of neoclassical economics
ⓘ
critique of mainstream economics ⓘ modeling private debt dynamics ⓘ use of differential equations in macroeconomic modeling ⓘ work on debt-deflation ⓘ work on financial instability ⓘ |
| name | Steve Keen NERFINISHED ⓘ |
| nationality | Australian ⓘ |
| notableConcept |
critique of mainstream microeconomic foundations
ⓘ
critique of marginal productivity theory of distribution ⓘ endogenous financial instability ⓘ role of private debt in economic cycles ⓘ |
| positionHeld |
academic economist
ⓘ
professor of economics ⓘ |
| researchInterest |
complex systems in economics
ⓘ
endogenous money ⓘ financial instability ⓘ macroeconomics ⓘ monetary economics ⓘ private debt ⓘ |
| viewOnDebt |
debt-deflation can lead to prolonged recessions
ⓘ
private debt can cause economic crises ⓘ |
| viewOnPolicy |
critical of austerity policies
ⓘ
supports debt jubilees in some circumstances ⓘ supports government intervention to stabilize the economy ⓘ supports stronger financial regulation ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.