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This mem­ber­ship ser­vice is no longer avail­able. Please visit Steve Keen’s new sub­scrip­tion web­site — Debunk­ing Eco­nom­ics

For 25 years, I have worked to turn Minsky’s Finan­cial Insta­bil­ity Hypoth­e­sis into a fully fledged macro­eco­nomic model, as an alter­na­tive to the var­i­ous delu­sional Neo­clas­si­cal mod­els that have dom­i­nated eco­nom­ics ever since John Hicks penned his utterly mis­lead­ing car­i­ca­ture of Keynes’s Gen­eral The­ory back in 1936. This expe­ri­ence and knowl­edge is why I was one of the very few econ­o­mists to real­ize that that an enor­mous finan­cial cri­sis was immi­nent. In Decem­ber 2005, I set out to raise the alarm–initially via con­ven­tional media and an email newslet­ter sent to inter­ested par­ties (espe­cially jour­nal­ists) each month.

This site was estab­lished in March 2007. Some months later, the cri­sis began (August 9th 2007, when the French bank BNP Paribas announced that it was hav­ing seri­ous prob­lems, is regarded as its start­ing date). My role in warn­ing of the cri­sis, and in devel­op­ing an approach to macro­eco­nom­ics that could make such crises less likely in the future, was rec­og­nized when I won the Revere Award from the the Real World Eco­nom­ics Review.

This site now has over 12,000 signed up mem­bers, and as many as 75,000 unique read­ers each month. The work­load of main­tain­ing the site has become enor­mous: I have to write posts, admin­is­ter this site, par­tic­i­pate in its active dis­cus­sions and keep them civil, all on top of my “day job” as a Pro­fes­sor of Eco­nom­ics and Finance at the Uni­ver­sity of West­ern Syd­ney.

After 4 years of doing this for free, I am … going to con­tinue doing it for free. But I also want to make it pos­si­ble for those who appre­ci­ate what I am doing to do so via a paid mem­ber­ship sys­tem. Who knows, if enough money is raised this way then I may be able to hire some­one to take over the more mechan­i­cal tasks, leav­ing me with more time to do the fun­da­men­tal research that eco­nom­ics des­per­ately needs.

You can still access most of the blog for free, as now. But there are also mul­ti­ple lev­els of mem­ber­ship, from a triv­ial US$2 a year all the way up to a ridicu­lous US$10,000 p.a. (which I fully expect no-one to sign up to!). You can make a once only pay­ment too–no prob­lem.

One thing I have removed now is free mem­ber­ship, since the only fea­ture that offers that brows­ing doesn’t is the capac­ity to join the dis­cus­sion on the blog amongst the active minor­ity of is 12,500 mem­bers. Since it has proven com­pli­cated to migrate the pre-pay­ing-mem­ber­sip cohort to the new sys­tem, it’s eas­ier to end the free mem­ber­ship option. If you don’t want to join, then you can just browse the site.

The two things you don’t get as a broswer are doc­u­ment downloads–which require either mem­ber­ship of the Cen­ter for Eco­nomic Sta­bil­ity–and the capac­ity to take part in the dis­cus­sion. Truly gen­er­ous lev­els of mem­ber­ship receive a copy of my lat­est book, in either eBook or signed hard copy form.

Recurring Payments

Mem­ber­ship Level Rights Fee Pay­ment
1. Sup­porter Take part in dis­cus­sion and down­load all doc­u­ments US$2 per year  [s2Mem­ber-Pay­Pal-But­ton level=“1” ccaps=”” desc=“Supporter / Access site plus down­load all doc­u­ments” ps=“paypal” lc=”” cc=“USD” dg=“0” ns=“1” custom=“www.debtdeflation.com” ta=“0” tp=“0” tt=“D” ra=“2” rp=“1” rt=“Y” rr=“1” rrt=”” rra=“1” image=“default” output=“button” /]
2. Keen Same as Sup­porter US$10 per year  [s2Mem­ber-Pay­Pal-But­ton level=“2” ccaps=”” desc=“Keen / Access site + down­load all doc­u­ments” ps=“paypal” lc=”” cc=“USD” dg=“0” ns=“1” custom=“www.debtdeflation.com” ta=“0” tp=“0” tt=“D” ra=“10” rp=“1” rt=“Y” rr=“1” rrt=”” rra=“1” image=“default” output=“button” /]
3.  Schum­peter Same as Sup­porter US$50 per year  [s2Mem­ber-Pay­Pal-But­ton level=“3” ccaps=”” desc=“Schumpeter / Access site plus down­load all doc­u­ments” ps=“paypal” lc=”” cc=“USD” dg=“0” ns=“1” custom=“www.debtdeflation.com” ta=“0” tp=“0” tt=“D” ra=“50” rp=“1” rt=“Y” rr=“1” rrt=”” rra=“1” image=“default” output=“button” /]
4.  Min­sky Sup­porter plus a copy of any eBook I pub­lish  US$100 per year  [s2Mem­ber-Pay­Pal-But­ton level=“4” ccaps=”” desc=“Minsky / Sup­porter plus copy of eBook” ps=“paypal” lc=”” cc=“USD” dg=“0” ns=“1” custom=“www.debtdeflation.com” ta=“0” tp=“0” tt=“D” ra=“100” rp=“1” rt=“Y” rr=“1” rrt=”” rra=“1” image=“default” output=“button” /]
5.  Keen+ Min­sky plus a signed copy of any book I pub­lish  US$200 per year  [s2Mem­ber-Pay­Pal-But­ton level=“5” ccaps=”” desc=“Keen+ / Min­sky + signed copy of any book I pub­lish” ps=“paypal” lc=”” cc=“USD” dg=“0” ns=“1” custom=“www.debtdeflation.com” ta=“0” tp=“0” tt=“D” ra=“200” rp=“1” rt=“Y” rr=“1” rrt=”” rra=“1” image=“default” output=“button” /]
6.  Schum­peter+ Keen+ plus a signed copy of the hard­cover edi­tion of any book I pub­lish  US$500 per year  [s2Mem­ber-Pay­Pal-But­ton level=“6” ccaps=”” desc=“Schumpeter+ / Same as Keen+ plus signed hard­cover” ps=“paypal” lc=”” cc=“USD” dg=“0” ns=“1” custom=“www.debtdeflation.com” ta=“0” tp=“0” tt=“D” ra=“500” rp=“1” rt=“Y” rr=“1” rrt=”” rra=“1” image=“default” output=“button” /]
7.  Min­sky+ Schum­peter+ US$1,000 per year  [s2Mem­ber-Pay­Pal-But­ton level=“7” ccaps=”” desc=“Minsky+ / Same as Keen+” ps=“paypal” lc=”” cc=“USD” dg=“0” ns=“1” custom=“www.debtdeflation.com” ta=“0” tp=“0” tt=“D” ra=“1000” rp=“1” rt=“Y” rr=“1” rrt=”” rra=“1” image=“default” output=“button” /]
 8. Keen­Schumpter­Min­sky Are you seri­ous? Let’s talk! At the very least, I’ll give a sem­i­nar to you or your com­pany, wher­ever you’re based, every year. Hand deliv­ery of the hard­cover edi­tion of any book I pub­lish.  US$10,000 per year  [s2Mem­ber-Pay­Pal-But­ton level=“8” ccaps=”” desc=“KeenSchumpterMinsky / Good grief. At the very least, I visit once a year to give a sem­i­nar. Let’s talk.” ps=“paypal” lc=”” cc=“USD” dg=“0” ns=“1” custom=“www.debtdeflation.com” ta=“0” tp=“0” tt=“D” ra=“10000” rp=“1” rt=“Y” rr=“1” rrt=”” rra=“1” image=“default” output=“button” /]

One-off Payments

Mem­ber­ship Level Rights Fee Pay­ment
 Keen Once Life­time access to the site and doc­u­ment down­loads plus a signed copy of Debunk­ing Eco­nom­ics II  US$200  [s2Mem­ber-Pay­Pal-But­ton level=“9” ccaps=”” desc=“Keen Once / Life­time access to the site and doc­u­ment down­loads plus a signed copy of Debunk­ing Eco­nom­ics II” ps=“paypal” lc=”” cc=“USD” dg=“0” ns=“1” custom=“www.debtdeflation.com” ta=“0” tp=“0” tt=“D” ra=“200” rp=“1” rt=“L” rr=“BN” rrt=”” rra=“1” image=“default” output=“button” /]
 Schum­peter Once Life­time access to the site and doc­u­ment down­loads plus a signed hard­cover copy of Debunk­ing Eco­nom­ics II  US$500  [s2Mem­ber-Pay­Pal-But­ton level=“10” ccaps=”” desc=“Schumpeter Once / Life­time access to the site and doc­u­ment down­loads plus a signed hard­cover copy of Debunk­ing Eco­nom­ics II” ps=“paypal” lc=”” cc=“USD” dg=“0” ns=“1” custom=“www.debtdeflation.com” ta=“0” tp=“0” tt=“D” ra=“500” rp=“1” rt=“L” rr=“BN” rrt=”” rra=“1” image=“default” output=“button” /]
 Min­sky Once Life­time access to the site and doc­u­ment down­loads plus a signed hard­cover copy of Debunk­ing Eco­nom­ics II  US$1,000  [s2Mem­ber-Pay­Pal-But­ton level=“11” ccaps=”” desc=“Minsky Once / Life­time access to the site and doc­u­ment down­loads plus a signed hard­cover copy of Debunk­ing Eco­nom­ics II” ps=“paypal” lc=”” cc=“USD” dg=“0” ns=“1” custom=“www.debtdeflation.com” ta=“0” tp=“0” tt=“D” ra=“1000” rp=“1” rt=“L” rr=“BN” rrt=”” rra=“1” image=“default” output=“button” /]
 Keen­Schumpter­Min­sky Once Are you seri­ous? Let’s talk! At the very least, I’ll give a sem­i­nar to you or your com­pany, wher­ever you’re based, and deliver a signed hard cover edi­tion of Debunk­ing Eco­nom­ics II.  US$10,000  [s2Mem­ber-Pay­Pal-But­ton level=“12” ccaps=”” desc=“KeenSchumpterMinsky Once / Are you seri­ous? Let’s talk! At the very least, I’ll give a sem­i­nar to you or your com­pany, wher­ever you’re based, and deliver a signed hard cover edi­tion of Debunk­ing Eco­nom­ics II.” ps=“paypal” lc=”” cc=“USD” dg=“0” ns=“1” custom=“www.debtdeflation.com” ta=“0” tp=“0” tt=“D” ra=“10000” rp=“1” rt=“L” rr=“BN” rrt=”” rra=“1” image=“default” output=“button” /]

Conditions

I reserve the right to change mem­ber­ship con­di­tions and ben­e­fits at any time, though these changes will not alter the rights of those who signed up prior to the alter­ation.

Advertising

I have also enabled adver­tis­ing on the site now. I will set strict stan­dards as to what can be adver­tised here–real estate, CFD adver­tis­ers and the like need not apply–but oth­er­wise if you are inter­ested, please con­tact me at debunking@gmail.com.