Description
"Learning economics at a university is like learning atomic astronomy with Earth at the center of the universe—it's utterly obsolete."
Join influential economist Steve Keen as he challenges the foundations of traditional economics education. In this thought-provoking video, Keen argues that the university curriculum is outdated and misaligned with the realities of a dynamic, non-equilibrium economy. He advocates for a shift towards system dynamics, a more relevant approach that can be applied across various fields. Discover why Keen believes aspiring economists should reconsider their academic paths and how understanding real-world systems can lead to a more profound comprehension of economic principles.
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Who is Dr. Steve Keen?
Dr. Steve Keen is an influential economist who has dedicated over 50 years to challenging mainstream economic theories. Since his days as a university student, he has been engaged in a David vs. Goliath battle against conventional economic models. Holding a Ph.D. in economics, Dr. Keen is well-known for his critical analysis and advocacy for more realistic economic approaches. His work emphasizes the importance of accounting for financial instability and incorporates elements of complex systems theory. Engineers, finance professionals, and IT experts will appreciate his methodical breakdown of economic phenomena and his development of the Minsky software, which models financial crises. Dr. Keen's contributions are crucial for anyone seeking a deeper understanding of how economic systems can impact technological and financial environments. His teachings offer valuable insights into the economic forces shaping our world. By following his analysis, professionals can gain a better grasp of economic dynamics that influence their fields.
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