Debunking Economics: The Naked Emperor of the Social Sciences

Debunking Economics: The Naked Emperor of the Social Sciences by Keen, Professor Steve. paperback edition. ISBN: 9781856499927.

Debunking Economics exposes what many non-economists may have suspected and a minority of economists have long known: that economic theory is not only unpalatable, but also plain wrong. Many of the most cherished notions of conventional economics are based on reasoning that is internally inconsistent. Debunking Economics explains why economists think the way they do, and points out the flaws in their thinking which they either dont realize, dont appreciate, or just plain ignore. Most of these flaws were established by dissident academic economists decades ago, yet modern economics pretends that it can continue with business as usual. In a profound irony, Debunking Economics shows that a discipline which labours the word rational may be the most irrational of all.