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Steve Keen - Debt in Neoclassical Economics
http://www.debtdeflation.com/blogs/2012/12/01/the-debt-issue-in-neoclassical-economics/"My presentation at the Rosa Luxembourg Foundation in Berlin today on how Neoclassical economics misunderstands the role of private debt in a capitalist economy. I show how to use my Minsky program to model both the Neoclassical “Loanable Funds” vision of lending and the empirically-informed Post Keynesian “Endogenous Money” model."
