Saturday, 21 June 2014
Tuesday, 10 June 2014
PRESS RELEASE:Debunking Economics Seminar by Steve Keen.
E.O.S.E.E
Contact: Mr
George Gialamidis
email:
info@eosee.org
mob.: +30 6936795707
mob.: +30 6936795707
Thessaloniki,
June 8th 2014.
PRESS RELEASE
Prof. Steve Keen will
be “Debunking Economics” for the first time in Greece.
The Society
of Economists Scientists and Entrepreneurs (E.O.S.E.E) together with the
Institute of Dynamic Economic Analysis (IDEAeconomics) and under the auspices
of the Faculty of Economics, Law and Political Sciences of the Aristotle
University of Thessaloniki (A.U.T.H) announce the seminar “Debunking
Economics”. The seminar will be held at
the old building of the School of Philosophy at the “Alexandros Papanastasiou”
hall, first floor, on June 18th at 11.30 am. (10:30 am CET)
The world
renowned economist and author of “Debunking Economics” Professor Steve Keen
will be keynoting this seminar for the first time in Greece. Prof. Keen is a critique of neoclassical
economics. In 2010 he received the
Revere award from the real-world economics review and “has been judged the
economist who first and most cogently warned the world of the coming Global
Financial Collapse.” He developed the
open source software Minsky that allows for the simulation of a modern dynamic
economy. He has recently accepted the
post as head of the department of Economics, History and Politics at Kingston
University, London and he is the chief economist of IDEAeconomics. He maintains the site
www.debtdeflation.com/blogs/ and gives lectures and seminars worldwide.
Using the
Minsky software Steve Keen’s lecture will commence with the model of Financial
Instability Hypothesis, and then illustrate the importance of taking a monetary
approach to macroeconomics, for two reasons:
- First because private debt can and does cause both economic growth and bubbles (using an illustration of this done in Minsky software contrasting Neoclassical Loanable Funds to Endogenous Money),
- Second because the government should be perceived as being an alternative bank (which must lend more than it gets in repayments in order to expand) rather than as another type of firm (which must have an excess of receipts over expenditure in order to expand).
Students of
economics will receive a certificate of attention. The entrance is free and there will be no
translation from the english language.
Registration for the seminar is a prerequisite. For more info: Facebook, E.O.S.E.E and IDEAeconomics.
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Monday, 9 June 2014
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