SteveKeenon Non-EquilibriumEconomics: Lecture 1
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This is Lecture 1 (“Why Economics Must be a Disequilibrium Discipline”) of a series of 5 lectures by Steve Keen on non-equilibrium economics, given in Quito (Ecuador) at FLACSO (the Latin American Social Sciences Institute) in September, 2013.
Perhaps the title is meant to evoke the classicmonographofNicholasKaldorcalledEconomicsWithoutEquilibrium (Armonk, N.Y., 1985), and Steve Keen does not disappoint in his discussion of why economics needs to reject neoclassical Walrasian equilibrium theory and be a social science that deals with disequilibrium.
BIBLIOGRAPHY
Kaldor, Nicholas. 1985. EconomicsWithoutEquilibrium. M.E. Sharpe, Armonk, N.Y.
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