Gittins and Dyspepsia

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Econ­o­mists are wont to crit­i­cise habits as a sign of irra­tional­ity, but they’re often a sen­si­ble rule of thumb that stops us doing other things we’ll later regret.

A case in point: over the years, I’ve devel­oped the habit of not read­ing Ross Git­tins. Last week I broke that habit, and the expe­ri­ence reminded me of how sen­si­ble that habit was.

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About Steve Keen

I am a professional economist 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 debts accumulated in Australia, and our very low rate of inflation.
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4 Responses to Gittins and Dyspepsia

  1. Milosh Ivanovic says:

    Steve, what’s the point of sub­scrib­ing to your web­site if I then have to sub­scribe to Busi­ness Spec­ta­tor just to read your arti­cle there? Surely pro­vid­ing the arti­cle in full on your web­site is the right thing to do for your pay­ing subscribers?

  2. Steve Keen says:

    I do pro­vide the arti­cle in full on debunkinge­co­nom­ics Milosh–this par­tic­u­lar one has been up there since Thurs­day. At this site, I repub­lish a link to BS which is part of the deal with them since they started pay­ing for my posts. That in turn started when the sold the site to New Ltd.

  3. Milosh Ivanovic says:

    Steve, my bad, sorry. I have been read­ing your arti­cles here instead of on the debunkinge­co­nom­ics site. Silly me. Keep up the great work. You’re an inspi­ra­tion to many peo­ple, myself included. Cheers

  4. Bankster says:

    I devel­oped the same habit after I bought Tel­stra T2 on his rec­om­men­da­tion and lost most of my money.

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