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by mentallimits 3206 days ago
to be able to criticize modern economics, you need to first have a sound technical understanding of the subject. steve keen doesn't.[1]

[1] http://chrisauld.com/2012/12/06/steve-keen-still-butchering-...

2 comments

Where's the counterproofs for the 17 other chapters? Many of his criticisms originate from "own goals" made by those same modern economists he apparently doesn't understand.

Is Perfect Competition is an even remotely realistic approximation?

The argument as stated does not apply in all generality. For instance, you don't need a deep knowledge of numerology to criticize numerology.