Essay of the Week: 2/8/09-2/14/09

The Roving Cavaliers of Credit by Steve Keen is this week’s essay of the week. It provides a good critique of the ideas underlying the neo-classical ideal. Its failure is that it implicitly falls into the fallacy (made more explicit in Steven Keen’s other writings) that since the emperor has no clothes, the pretender must therefore be well dressed. The one does not follow from the other.

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