In 2008, conventional economics led us blindfolded into the greatest economic crisis since the Great Depression. Over a decade later, they continue to defend a methodology that is utterly inappropriate for the economy, and dangerously misleading about the relationship between the economy and the ecology of our planet.
Steve realised how bad mainstream economics was when he was an undergraduate student almost 50 years ago. Since then, I have worked tirelessly to develop an alternative, realistic economics.
He has written several books, including Debunking Economics and has designed Minsky, the Open Source dynamic modelling program, to make it possible for anyone to build and understand monetary models of the economy. His latest book Can We Avoid Another Financial Crisis? explains why the crisis happened, and what we have to do to end it.
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