Unmasking the Economics Profession: the challenge of political economy

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STEVE KEEN and EVAN JONES in conversation with FRANK STILWELL

In this event to cel­e­brate the pub­li­ca­tion of Polit­i­cal Econ­o­my Now!–the his­to­ry of the Polit­i­cal Econ­o­my strug­gle at Syd­ney University–Evan Jones, Frank Stil­well and Steve Keen will dis­cuss the strug­gles inside the uni­ver­si­ty eco­nom­ics depart­ments and their sig­nif­i­cance, not only for teach­ing, but for the world econ­o­my itself.

Polit­i­cal Econ­o­my Now! by Gavan But­ler, Evan Jones and Frank Stil­well is the sto­ry of one of the most sub­stan­tial and endur­ing con­flicts in the his­to­ry of Aus­tralian uni­ver­si­ties. Begin­ning in the late 1960s, it pit­ted those com­mit­ted to the teach­ing of main­stream eco­nom­ics at the Uni­ver­si­ty of Syd­ney against the pro­po­nents of an alter­na­tive pro­gram in polit­i­cal econ­o­my. It explores issues such as

  • Why all the fuss over the teach­ing of eco­nom­ics?
  • Why were the dis­agree­ments so deep and pro­tract­ed?
  • What has been at stake?
  • Why did dis­si­dent staff and stu­dents com­mit so much time and ener­gy to estab­lish­ing and devel­op­ing alter­na­tive cours­es?
  • Does it mat­ter in the broad­er world? (Hint: naive neo­clas­si­cal eco­nom­ic the­o­ries helped cre­ate the Glob­al Finan­cial Cri­sis)

Loca­tion: Glee­books, 49 Glebe Pt. Rd, Glebe

Start Time: 18:30

Date: Tues­day 16th June 2009

Link out: Click here

Cost: $10 ($7 con­ces­sion). Book­ing is essen­tial.

Click here for the event poster.

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About Steve Keen

I am Professor of Economics and Head of Economics, History and Politics at Kingston University London, and a long time critic of conventional economic thought. As well as attacking mainstream thought in Debunking Economics, I am also developing an alternative dynamic approach to economic modelling. The key issue I am tackling here is the prospect for a debt-deflation on the back of the enormous private debts accumulated globally, and our very low rate of inflation.