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Steve Keen

Australian economist · Australia · Academics · Born 1953 · age 73

Steve Keen is read about 203 times a day, in 16 languages.

A typical day, 30 days to 8 October 2026

The middle day of the days counted, so one week of news cannot move it. The line under it is the last 76 days, one point a day.

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Steve Keen is an Australian economist and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific, and empirically unsupported.

A life in dates

2001“This ascendancy of economic theory has not made the world a better place. Instead, it has made an already troubled society worse: more unequal, more unstable, and less 'efficient'.”In their wordsPreface, p. xiv

“Economics is not the Emperor of the social sciences, but the Humpty Dumpty.”In their wordsChapter 3, The Price Of Everything And The Value Of Nothing, p. 83

“Even economists can't escape the fact that, as commodities go, labour is something out of the ordinary.”In their wordsChapter 5, To Each According To His Contribution, p. 112

“The term 'capital' has two quite different meanings in economics: a sum of money, and a collection of machinery.”In their wordsChapter 6, The Holy War Over Capital, p. 130

“In general then, and contrary to Friedman, abandoning a factually false heuristic asumption will normally lead to a better theory - not a worse one.”In their wordsChapter 7, There Is Madness In Their Method, p. 153

“Why do economists persist in modelling the economy with static tools when dynamic ones exist; why do they treat as stationery an entity which is forever changing?”In their wordsChapter 8, Let's Do The Time Warp Again, p. 177

1953Born28 March 1953

Also in Deutsch

Photos 1

In their own words 10

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Steve Keen
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10 statements, newest first
  1. This ascendancy of economic theory has not made the world a better place. Instead, it has made an already troubled society worse: more unequal, more unstable, and less 'efficient'.

    2001, Preface, p. xiv, Own words

  2. Not even an economist can make time stand still (though some victims of economics lectures might dispute that!).

    2001, Chapter 3, The Price Of Everything And The Value Of Nothing, p. 79, Own words

  3. Economics is not the Emperor of the social sciences, but the Humpty Dumpty.

    2001, Chapter 3, The Price Of Everything And The Value Of Nothing, p. 83, Own words

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About this person

Country
Australia
Category
Academics
Type
Academic
Status
living
Dates
Born 1953 · age 73

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