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The New Economics

A Manifesto
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( 233 ratings, 35 reviews)
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
In The New Economics, Steve Keen calls for a Reformation of economics, akin to Martin Luther's challenge to the Church in 1517. Critiquing the neoclassical school for ignoring empirical and logical truths, Keen proposes a new framework that addresses neglected issues like money, energy, and ecological sustainability. This book offers hope for reviving economies and preserving the planet.
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Format: Paperback / softback
$5000

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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

Ideal for students, academics, and readers interested in economics reform, sustainability, and contemporary economic theory challenges.

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Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

In 1517, Martin Luther nailed his 95 theses to the wall of Wittenberg church. He argued that the Church’s internally consistent but absurd doctrines had pickled into a dogmatic structure of untruth. It was time for a Reformation.

Half a millennium later, Steve Keen argues that economics needs its own Reformation. In Debunking Economics, he eviscerated an intellectual church – neoclassical economics – that systematically ignores its own empirical untruths and logical fallacies, and yet is still mysteriously worshipped by its scholarly high priests. In The New Economics, he presents his Reformation: a New Economics, which tackles serious issues that today's economic priesthood ignores, such as money, energy, and ecological sustainability. It gives us hope that we can save our economies from collapse and the planet from ecological catastrophe.

Performing this task with his usual panache and wit, Steve Keen’s new book is unmissable to anyone who has noticed that the economics Emperor is naked and would like him to put on some clothes.

Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?

Financial Times described it as 'written not to interpret economics, but to change it.' Kate Raworth, author of Doughnut Economics, praised it as a 'handbook and call to action' for students of economic modelling. Dissident Voice called it 'brilliant,' noting its precision, wit, and accessible prose.

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Book Details

INFORMATION

ISBN: 9781509545292

Publisher: John Wiley and Sons Ltd

Format: Paperback / softback

Date Published: 15 October 2021

Country: United Kingdom

Imprint: Polity Press

Audience: General / adult

DIMENSIONS

Spine width: 15.0mm

Width: 137.0mm

Height: 216.0mm

Weight: 249g

Pages: 140

About the Author

Professor Steve Keen is a prominent critic of mainstream economics, author of Debunking Economics and Can We Avoid Another Financial Crisis?, and a Distinguished Research Fellow at University College London.

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