Written by John Lounsbury
Econintersect: Recently, Prof. Steve Keen (Professor, School Of Social And Behavioural Sciences, Kingston University London) gave a lecture at a meeting of the Amsterdam Rethinking Economics students. The title: Teaching Economics the Pluralist Way. No more airbrushed economics!.
Here is the outline of topics (from YouTube):
Teach Honestly: Give a “Warts and All” treatment of every school
Read the original sources – journals & books – not textbooks
Let experts teach maths & computing, not economists
Facts exist & are not theory-neutral
Rules of accounting versus Money Multiplier
Great Depression Soup Kitchens versus RBC “voluntary unemployment” myths
Decline of Soviet Union versus Marxist faith in socialism
Learn Economic History & History of Economics
Learn modern “complex systems” approach to dynamics from mathematicians (see www.ChaosBook.org)
Learn computing & multi-agent modelling from computer scientists
Look at the “Cliodynamics” approach to history
Arguably doing what economists should always have be doing
Use the Web for academic freedom where Universities suppress it
Source: YouTube
