Steve Keen - Economists Quotes

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Rather like the Bible is for many Christians, the General Theory is the essential economics reference which few economists have ever read.

Steve Keen

Since in reality the stock market is inhabited by mere mortals, there is no way that the stock market can be efficient in the way that economists define the term.

Steve Keen

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

Steve Keen

With the market so much more in control of the global economy now than fifty years ago, then if economists are right, the world should be a manifestly better place: it should be growing faster, with more stability, and income should go to those who deserve it.

Steve Keen

Even economists can't escape the fact that, as commodities go, labour is something out of the ordinary.

Steve Keen

You have a voice, which has been perhaps been quiescent on matters economic because you have in the past deferred to the authority of the economist. There is no reason to remain quiet.

Steve Keen

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?

Steve Keen