Working too hard

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OK, apolo­gies to Paul Krug­man, now that I real­ize the Inter­stel­lar Trade paper was a joke and first draft­ed in 1978. I should have checked more before writing–but as not­ed, in the thick of writ­ing the sec­ond edi­tion of Debunk­ing Eco­nom­ics, I latched on to a diver­sion.

How­ev­er at some stage I’ll be pub­lish­ing a cri­tique of Paul’s paper on Min­sky, which I wish was a joke… More anon once the book is fin­ished.

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About Steve Keen

I am Professor of Economics and Head of Economics, History and Politics at Kingston University London, and a long time critic of conventional economic thought. As well as attacking mainstream thought in Debunking Economics, I am also developing an alternative dynamic approach to economic modelling. The key issue I am tackling here is the prospect for a debt-deflation on the back of the enormous private debts accumulated globally, and our very low rate of inflation.