Debunking Economics: The Naked Emperor of the Social Sciences

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Pluto Press, 2001 - Political Science - 335 pages
What is the score card for economics at the start of the new millennium? While there are many different schools of economic thought, it is the neo-classical school, with its alleged understanding and simplistic advocacy of the market, that has become equated in the public mind with economics. This book shows that virtually every aspect of conventional neo-classical economics' thinking is intellectually unsound. Steve Keen draws on an impressive array of advanced critical thinking. He constitutes a profound critique of the principle concepts, theories, and methodologies of the mainstream discipline. Keen raises grave doubts about economics' pretensions to established scientific status and its reliability as a guide to understanding the real world of economic life and its policy-making.

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User Review  - tonysomerset - LibraryThing

At last finally managed to finish the book and the pain can stop. Pain because it required perseverance, pain because it was so annoyingly written at times, pain because economic theory does not rest ... Read full review


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