Steve Keen

Journal article

Debunking the theory of the firm—a chronology

This article argues that the Resource Super Profits Tax, a tax drafted by the Australian Treasury, suffers from acute logical inconsistencies that originate from Treasury relying on the neoclassical theory of the firm to guide its reasoning. This article provides a compendium of arguments that...

Deeper in debt: Australia's addiction to borrowed money

As US suburbs fill with For Sale signs, and major lenders queue up for central bank bailouts across the globe, the obvious question is "could it happen here?" In this report Steve Keen argues that while the level of irresponsible lending is lower here than...