"CRITIQUES OF NEOCLASSICAL ECONOMICS: AN EXAMINATION OF SOME OF THE CRITIQUES OF STEVE KEEN"

James M Craven, Omah kohkiaaiipooyii

Research output: Contribution to journalSpecial issue

Abstract

"Neoclassical economics (NE) is under siege from multiple directions. Some see NE as a whole and essentially coherent theoretical system and paradigm and some not. The work of Steve Keen represents one class of critics of NE who attack it from the perspective of internal logical inconsistencies and mathematical paradoxes embodied within NE rather than for the potential ideological and rhetorical intentions of NE and which class interests may be served by those intentions. This article explores some of the breadth and depth of the critiques of Steve
Keen and provides also a critique of their critiques from a Marxist perspective."
Original languageEnglish
Pages (from-to)315-335
Number of pages21
JournalWorld Review of Political Economy
Volume1
Issue number2
Publication statusPublished - 2010

Keywords

  • neoclassical economics
  • critiques
  • political economy
  • international education

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