Prof Steve Keen is creating realistic economics for the post-crash world
952

patrons

$6,649
per month
In 2008, conventional economics led us blindfolded into the greatest economic crisis since the Great Depression. Almost a decade later, with the global economy wallowing in low growth that mainstream economists also can't explain, they are reluctantly coming to realise that their models are useless for understanding the real world.

I realised that over 45 years ago, when I was an undergraduate student. Since then, I have worked tirelessly to develop an alternative, realistic economics. My book Debunking Economics has let tens of thousands of readers learn in one month the critical knowledge of economics that I spent four decades acquiring. The "complex systems" model of Hyman Minsky's "Financial Instability Hypothesis I developed in 1992 let me warn of the 2008 crisis before it happened. I designed Minsky, the Open Source dynamic modelling program, to make it possible for anyone to build and understand monetary models of the economy. My latest book Can We Avoid Another Financial Crisis? explains why the crisis happened, and what we have to do to end it. I have just developed the first explanation of production in which energy plays an essential role, opening up the possibility to finally integrate economics and ecology.

But much more needs to be done, and I need your help to do it.

I have done everything till now with support from many colleagues, but with no support from official funding agencies. Almost all the money for economics research goes to develop the mainstream--even after it has failed so abjectly. That will continue to be the case.

Universities have also been starved of research funding over the years, and buried under bureaucratic controls. They no longer provide the time and freedom they once gave to original thinkers like me. It's so bad now that the best way for me to have the time and resources to build a new economics is to leave the University sector, and get supported directly by the public.

Today, students and citizens across the globe are calling for a realistic economics to replace the delusional theories that led us into this economic mess. You can help me produce that realistic economics by becoming my Patron for as little as $1 a month. If I've changed how you think about economics, help me have that impact on others.

Tiers
Keen Supporter
$1 or more per month 355 patrons
Thanks! You're the foundation of my freedom to develop a new economics, and you get access to: 
  • My Patreon-only blog posts, videos and podcasts.
  •  Powerpoint & Minsky files from my lectures. 
  • E-book of the second edition of Debunking Economics (2011) and its accompanying set of figures.
  • E-book of the satirical comic eCONcomics illustrated by Miguel Guerra
Keen Student
$3 or more per month 176 patrons
As above, plus:
  •  Ebook of the graphic novel On The Money, to be written by me and illustrated by Miguel Guerra. Estimated date of delivery March 2019. 
Keen Patron
$10 or more per month 429 patrons
As above plus
Keen Collaborator
$30 or more per month 60 patrons
As above plus:
  • A signed paperback of Debunking Economics; and Can we avoid another financial crisis?
  • Signed paperback copies of all subsequent books as they become available. 
Keen Sponsor
$100 or more per month 9 patrons
As above, plus
Keen Champion
$300 or more per month 0 of 100 patrons
As above plus:
Keen Benefactor
$1,000 or more per month 0 of 10 patrons
As above plus 
  • An annual seminar at a mutually agreed date.
Naming Rights
$150,000 or more per month 0 of 1 patrons
You would enable a full-time dedicated research center to be established, to which you would have naming rights. My name would be there as well, to build on the visibility I've achieved through my long campaign for the reform of economics. We'd sign a publicly accessible contract pledging complete independence from commercial and political pressure. 
Goals
$6,649 of $10,000 per month
This base level funding will allow me to develop my dynamic, monetary approach to economics. I'll be able to work full-time on 3rd edition of Debunking Economics, and new papers on the role of energy in economics, and how credit causes housing bubbles. And I'll continue producing videos and posting them to YouTube.
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In 2008, conventional economics led us blindfolded into the greatest economic crisis since the Great Depression. Almost a decade later, with the global economy wallowing in low growth that mainstream economists also can't explain, they are reluctantly coming to realise that their models are useless for understanding the real world.

I realised that over 45 years ago, when I was an undergraduate student. Since then, I have worked tirelessly to develop an alternative, realistic economics. My book Debunking Economics has let tens of thousands of readers learn in one month the critical knowledge of economics that I spent four decades acquiring. The "complex systems" model of Hyman Minsky's "Financial Instability Hypothesis I developed in 1992 let me warn of the 2008 crisis before it happened. I designed Minsky, the Open Source dynamic modelling program, to make it possible for anyone to build and understand monetary models of the economy. My latest book Can We Avoid Another Financial Crisis? explains why the crisis happened, and what we have to do to end it. I have just developed the first explanation of production in which energy plays an essential role, opening up the possibility to finally integrate economics and ecology.

But much more needs to be done, and I need your help to do it.

I have done everything till now with support from many colleagues, but with no support from official funding agencies. Almost all the money for economics research goes to develop the mainstream--even after it has failed so abjectly. That will continue to be the case.

Universities have also been starved of research funding over the years, and buried under bureaucratic controls. They no longer provide the time and freedom they once gave to original thinkers like me. It's so bad now that the best way for me to have the time and resources to build a new economics is to leave the University sector, and get supported directly by the public.

Today, students and citizens across the globe are calling for a realistic economics to replace the delusional theories that led us into this economic mess. You can help me produce that realistic economics by becoming my Patron for as little as $1 a month. If I've changed how you think about economics, help me have that impact on others.

Recent posts by Prof Steve Keen

Tiers
Keen Supporter
$1 or more per month 355 patrons
Thanks! You're the foundation of my freedom to develop a new economics, and you get access to: 
  • My Patreon-only blog posts, videos and podcasts.
  •  Powerpoint & Minsky files from my lectures. 
  • E-book of the second edition of Debunking Economics (2011) and its accompanying set of figures.
  • E-book of the satirical comic eCONcomics illustrated by Miguel Guerra
Keen Student
$3 or more per month 176 patrons
As above, plus:
  •  Ebook of the graphic novel On The Money, to be written by me and illustrated by Miguel Guerra. Estimated date of delivery March 2019. 
Keen Patron
$10 or more per month 429 patrons
As above plus
Keen Collaborator
$30 or more per month 60 patrons
As above plus:
  • A signed paperback of Debunking Economics; and Can we avoid another financial crisis?
  • Signed paperback copies of all subsequent books as they become available. 
Keen Sponsor
$100 or more per month 9 patrons
As above, plus
Keen Champion
$300 or more per month 0 of 100 patrons
As above plus:
Keen Benefactor
$1,000 or more per month 0 of 10 patrons
As above plus 
  • An annual seminar at a mutually agreed date.
Naming Rights
$150,000 or more per month 0 of 1 patrons
You would enable a full-time dedicated research center to be established, to which you would have naming rights. My name would be there as well, to build on the visibility I've achieved through my long campaign for the reform of economics. We'd sign a publicly accessible contract pledging complete independence from commercial and political pressure.