[P2P-F] Re.... "ir-Relevant" Economists " Krugman, Bernake, Greenspan, ...

Mon Sep 19 15:24:14 CEST 2011

There are two links here to articles by Steve Keen. Steve Keen is stronger  
on the econometrics than what would be normally expected from the "dismal"  
corner of the social sciences. Most "physical" science people will  
recognize his use of the economic metrics as being essentially inductive  
in nature, No assumptions about labor being primarily a commodity or that  
economic models need to have an equilibrium nature, or that banking  
doesn't really have a significant impact upon economies under the  
privatized nature of formerly sovereign currencies, or.... There is surely  
more entries that I could offer, and if you will invite Keen as a  
significant exception associated with a non-neo-classical economic  
perspective. Keen is very much in the same mode of the best of the  
physical sciences. The strongest base of advocates for the Keynes/Minsky,  
et al perspective are at the University Of Missouri at Kansas City,

http://econintersect.com/wordpress/?p=13354

On the "Twelve Who Forecast..." article listed it is a partial list and a  
"recession" no matter how great it is for some and devastating for many,  
"The Great Recession" doesn't begin to describe the wholesale level of  
fraud and arrogance which is still in the saddle as the "horse" continues  
to crash.

Tadit