Talk:Steve Keen

message: I added some elaboration to the part about MR=MC not maximizing firm's profits. It is somewhat "original research". However, no serious economist would bother with publishing results which debunk Keen's circular claim since it involves fairly elementary logic, hence no citation. Furthermore, all it takes to see it is just working through Keen's math as provided in his paper. And finally I'm pretty sure the relevant result that Keen calls "The Stigler Conjecture" is due to Cournot - but in a different context in which he shows that the equilibrium of his model involves lower aggregate profits than monopoly profit - but I don't have the reference handy. Hence the  tag, while I look it up.radek 04:02, 19 November 2006 (UTC)
thread_title: MR=MC etc

message: The following text was abbrevieated on the VisSim article (it was more about the person than the article topic). But some of it might be useful here.
:Though VisSim was originally designed for use by electronics engineers, it can be used for any type of mathematical model. A good example is Steve Keen, who claims that too much debt is the cause of the current financial crisis and is the result of common errors in modern-day risk modeling. He bases his research on VisSim models that he has designed and made available via his website, most notably modeling Hyman Minsky's Financial Instability Hypothesis.The Roving Cavaliers of CreditSteve Keen (1995): "Finance and economic breakdown: modelling Minsky’s Financial Instability Hypothesis", Journal of Post Keynesian Economics, Vol. 17, No. 4, 607–635
David Hollman (Talk) 16:41, 26 August 2010 (UTC)
thread_title:  Use of VisSim software 

message: Having bought Prof. Keen's book "Debunking Economics" I would disagree with the statement that it is designed for the lay person. Apart from the Preface, I found the concept of Neoclassical Economics totally baffling, Keen's arguments and diagrams further beyond comprehension. The book reference NEEDS CHANGING or deleting. I work in manufacturing supplying goods to supermarkets, so have a very good understanding of basic economics (I work in IT!). I intend to edit the main page to reflect a more honest description. As Joe Average, I can say it would go over most people's head. If you understand economics (???) then this book will tell you nothing, if you don't, it's only use is as a fire lighter! Joe Average  —Preceding unsigned comment added by 79.121.186.28 (talk) 15:44, 4 October 2010 (UTC)
replies: text: It is targeted for the layperson. Whether it succeeds is a different question. Keen goes out of his way to avoid mathematical equations, for example. I would not be surprised, though, if many react to much in the book as if it is incomprehensible math. Anyways, Keen's book, from the viewpoint of academics economics, is quite introductory. (By the way, I'm in a list of 20 or so people in Keen's acknowledgements. 209.217.195.110 (talk) 06:23, 26 January 2011 (UTC)
thread_title:  Debunking Economics book reference 

message: Nice bit of humour there, but it has to be removed as it relates to Steve Kean ;)  — Preceding unsigned comment added by 84.45.215.177 (talk) 20:07, 15 August 2012 (UTC)
thread_title: Blackburn Rovers

message: We have to be more careful with this. There are two separate items here and it is easy to confuse them. So easy that our articles have blithely gone ahead and done so. They're going to have to be fixed.
So let's get it right. The first item is the Minsky economic model which Minsky created in verbal form during the 1970s. Prof Keen first produced a mathematical version of that model in 1995 and has produced more versions in the intervening years using a variety of different software tools from Mathcad to Vissim. While funding may be necessary to extend the model, the 2013 Kickstarter project has not been raising money for that purpose. The purpose of the model it to explain why our economy goes through boom-bust cycles despite efforts to bring them under control.
The second item is the Minsky dynamic modelling tool. This is what the Kickstarter project is raising money for. While it is possible to use the Minsky tool to implement the Minsky model (and indeed Prof Keen has used it for exactly that purpose) the tool can also be used to implement other models since it is intended to be a general purpose dynamic modelling tool, similar to other dynamic tools on the market but with enhancements that make it particularly suited to economic modelling. The purpose of the tool is to make it easy for economists to develop non-equilibrium (dynamic) models of the economy rather than the equilibrium (static) ones which currently rule the roast.
So some editing required. -- Derek Ross | Talk 01:10, 4 March 2013 (UTC)
thread_title: Minsky model versus Minsky software

message: A correction to the comment on my recent edit: Steve Keen was 'charged' with misconduct, however no action seems to have been taken on it, so I don't think this is appropriate to have in the lead of the article.
Either way, the lead previously said he "was charged with 'serious academic misconduct' and fired", implying he was 1: fired and 2: the reason behind it was misconduct - I've done a lot of searching, and no sources say either that he was fired, or that anything ever came from the misconduct accusations. Arfed (talk) 11:14, 27 July 2014 (UTC)
thread_title:  Misconduct charges 

message: I saw mathematical flaws mentioned but no details. Is there any discussion to that effect? Limit-theorem (talk) 14:54, 28 December 2014 (UTC)
thread_title:  Alleged Mathematical flaws 

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thread_title:  External links modified 

message: Does anyone know if Steve Keen is still employed by a university? I cannot find him listed at Kingston University. I can't find him listed as a fellow of the Centre for Policy Development.
In a presentation at BitBrum (19 November 2017), he said "I'm now leaving the university sector ... I'm going out on Patreon and being crowdfunded in future." (comments occur 10 minutes into the video). 
 --Jonathan O'Donnell (talk) 07:32, 22 May 2021 (UTC)
thread_title:  Current employment?