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Steve Keen
Steve Keen (born 28 March 1953) is an Australian economist and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific, and empirically unsupported. Keen was formerly an associate professor of economics at University of Western Sydney, until he applied for voluntary redundancy in 2013, due to the closure of the economics program at the university. In 2014, he became a professor and Head of the School of Economics, History and Politics at Kingston University in London. He has since taken retirement and is crowd source funded to undertake independent research; he is an Honorary Professor UCL, and Distinguished Research Fellow at the Institute for Strategy Resilience & Security, University College London. Early life and education Keen was born in Sydney in 1953. His father was a bank manager. Keen graduated with a Bachelor of Arts in 1974 and a Bachelor of Laws in 1976, both from the University of Sydney. He then compl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Post-Keynesian Economics
Post-Keynesian economics is a Schools of economic thought, school of economic thought with its origins in ''The General Theory of Employment, Interest and Money, The General Theory'' of John Maynard Keynes, with subsequent development influenced to a large degree by Michał Kalecki, Joan Robinson, Nicholas Kaldor, Sidney Weintraub (economist born 1914), Sidney Weintraub, Paul Davidson (economist), Paul Davidson, Piero Sraffa, Jan Kregel and Marc Lavoie. Historian Robert Skidelsky, Baron Skidelsky, Robert Skidelsky argues that the post-Keynesian school has remained closest to the spirit of Keynes' original work. It is a heterodox approach to economics based on a non-equilibrium economics, non-equilibrium approach. Introduction The term "post-Keynesian" was first used to refer to a distinct school of economic thought by Alfred Eichner, Eichner and Kregel (1975) and by the establishment of the ''Journal of Post Keynesian Economics'' in 1978. Prior to 1975, and occasionally in more ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Debt-deflation
Debt deflation is a theory that recessions and depressions are due to the overall level of debt rising in real value because of deflation, causing people to default on their consumer loans and mortgages. Bank assets fall because of the defaults and because the value of their collateral falls, leading to a surge in bank insolvencies, a reduction in lending and by extension, a reduction in spending. The theory was developed by Irving Fisher following the Wall Street crash of 1929 and the ensuing Great Depression. The debt deflation theory was familiar to John Maynard Keynes prior to Fisher's discussion of it, but he found it lacking in comparison to what would become his theory of liquidity preference. The theory, however, has enjoyed a resurgence of interest since the 1980s, both in mainstream economics and in the heterodox school of post-Keynesian economics, and has subsequently been developed by such post-Keynesian economists as Hyman Minsky and by the neo-classical mainstr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sydney Teachers College
The Sydney Teachers College was a tertiary education institution that trained school teachers in Sydney, Australia. It existed from 1906 until the end of 1981, when it became the Sydney Institute of Education, a part of the new Sydney College of Advanced Education (Sydney CAE). On 1 January 1990 Sydney Institute of Education was amalgamated with the University of Sydney eventually becoming a part of the then Faculty of Education at the University of Sydney. History The college was established in at the urging of newly appointed director of public instruction Peter Board, with Alexander Mackie appointed principal in November of the same year. Mackie firmly believed that the college could aspire to a partnership with the University of Sydney. Prior to that there was a pupil-teacher system in New South Wales, followed by two training colleges, Hurlstone Residential College for women and Fort Street High School for men. Public dissatisfaction with the pupil-teacher system led to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Diploma Of Education
The Diploma of Education, often abbreviated to DipEd or GradDipEd, is a postgraduate qualification offered in many Commonwealth countries including Australia, Sri Lanka, New Zealand, and the United Kingdom. Overview The diploma can build on the general or disciplinary knowledge of a bachelor's degree to prepare students to teach in schools although this is no longer true of the UK where Qualified Teacher Status is the recognized professional qualification for those wishing to teach in (state) maintained primary and secondary schools. However, in the UK holders of the Cert Ed, awarded after completing a three-year teacher training course, could use the diploma as a route to degree equivalence, and if passed at the appropriate level progress to a master's degree in education. The Graduate Diploma in Education is a one-year teacher preparation program for students who already hold a tertiary degree. Specialisation within the course usually enables one to become a primary or s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bachelor Of Laws
A Bachelor of Laws (; LLB) is an undergraduate law degree offered in most common law countries as the primary law degree and serves as the first professional qualification for legal practitioners. This degree requires the study of core legal subjects and jurisprudence to provide a comprehensive understanding of the legal system and its function. The LLB curriculum is designed to impart a thorough knowledge of legal principles, legal research skills, and a sound understanding of the roles and responsibilities of lawyers within society. This degree is often a prerequisite for taking bar exams or qualifying as a practising lawyer, depending on the jurisdiction. Additionally, the LLB program also serves as a foundation for further legal education, such as a Master of Laws (LLM) or other postgraduate studies in law. Region awarded Bachelor of Laws degrees are awarded by universities in regions including Europe, Australia, China, Hong Kong, Macau, Malaysia, Bangladesh, India, Indonesia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University College London
University College London (Trade name, branded as UCL) is a Public university, public research university in London, England. It is a Member institutions of the University of London, member institution of the Federal university, federal University of London, and is the second-largest list of universities in the United Kingdom by enrolment, university in the United Kingdom by total enrolment and the largest by postgraduate enrolment. Established in 1826 as London University (though without university degree-awarding powers) by founders who were inspired by the radical ideas of Jeremy Bentham, UCL was the first university institution to be established in London, and the first in England to be entirely secular and to admit students regardless of their religion. It was also, in 1878, among the first university colleges to admit women alongside men, two years after University College, Bristol, had done so. Intended by its founders to be Third-oldest university in England debate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Research Fellow
A research fellow is an academic research position at a university or a similar research institution, usually for academic staff or faculty members. A research fellow may act either as an independent investigator or under the supervision of a principal investigator. Research fellow positions vary in different countries and academic institutions. India In India, the position of research fellowship is provided to scholars from various streams like science, arts, literature, management and others. Research fellowships are funded by government academics, research institutes, and private companies. Research fellows research under the supervision of experienced faculty, professor, head of department, and Dean on two different posts known as Junior Research Fellowship (JRF) and senior research fellow (SRF). Research organisations like ICAR, CSIR, UGC, ICMR recruit research fellows through National Eligibility Test. After the completion of pre-defined tenure, JRF can be conside ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Honorary Professor
Honorary titles (professor, president, reader, lecturer) in academia may be conferred on persons in recognition of contributions by a non-employee or by an employee beyond regular duties. This practice primarily exists in the UK and Germany, as well as in many of the universities and colleges of the United States, Australia, Hong Kong, Taiwan, China, New Zealand, Japan, Denmark, and Canada. Examples of such titles are Honorary Professor, Honorary President, Honorary Fellow, Honorary Senior Research Fellow, Honorary Reader, Honorary Lecturer (normally applies to non-teaching staff, who give occasional lectures), Visiting Fellow (normally applies to students carrying out further studies and research programmes), Industrial Fellow. Honorary Professor In the UK, this is the highest title to be awarded to individuals whom the university wish to appoint, honor, and to work with. These individuals are not university staff nor employees. An external person is usually recommended ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kingston University
Kingston University London is a Public university, public research university located within the Royal Borough of Kingston upon Thames, in South London, South West London, England. Its roots go back to the Kingston Technical Institute, founded in 1899. It received university status in 1992, before which the institution was known as Kingston Polytechnic. Kingston has around 17,000 students and a turnover of £192 million. It has four campuses situated in Kingston upon Thames, Kingston and Roehampton. The university specialises in the arts, design, fashion, science, engineering, and business and is organised into four faculties: Kingston School of Art, Faculty of Business and Social Sciences (which combines Kingston Business School and the School of Law, Social and Behavioural Sciences), Faculty of Health, Science, Social Care and Education and Faculty of Engineering, Computing and the Environment. The Kingston Business School is Council for National Academic Awards, CNAA Master ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of Western Sydney
Western Sydney University, formerly the University of Western Sydney, is an Australian multi-campus public research university in the Greater Western region of Sydney, New South Wales, Australia. The university in its current form was founded in 1989 as a federated network university with an amalgamation between the Nepean College of Advanced Education and the Hawkesbury Agricultural College. The Macarthur Institute of Higher Education was incorporated in the university in 1989. In 2001, the University of Western Sydney was restructured as a single multi-campus university rather than as a federation. In 2015, the university underwent a rebranding which resulted in a change in name from the University of Western Sydney to Western Sydney University. It is a provider of undergraduate, postgraduate, and higher research degrees with campuses in Bankstown, Blacktown, Campbelltown, Hawkesbury, Liverpool, Parramatta, Penrith, and Surabaya. History Foundation and early years ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Neoclassical Economics
Neoclassical economics is an approach to economics in which the production, consumption, and valuation (pricing) of goods and services are observed as driven by the supply and demand model. According to this line of thought, the value of a good or service is determined through a hypothetical maximization of utility by income-constrained individuals and of profits by firms facing production costs and employing available information and factors of production. This approach has often been justified by appealing to rational choice theory. Neoclassical economics is the dominant approach to microeconomics and, together with Keynesian economics, formed the neoclassical synthesis which dominated mainstream economics as "neo-Keynesian economics" from the 1950s onward. Classification The term was originally introduced by Thorstein Veblen in his 1900 article "Preconceptions of Economic Science", in which he related marginalists in the tradition of Alfred Marshall ''et al.'' to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Post-Keynesian
Post-Keynesian economics is a school of economic thought with its origins in '' The General Theory'' of John Maynard Keynes, with subsequent development influenced to a large degree by Michał Kalecki, Joan Robinson, Nicholas Kaldor, Sidney Weintraub, Paul Davidson, Piero Sraffa, Jan Kregel and Marc Lavoie. Historian Robert Skidelsky argues that the post-Keynesian school has remained closest to the spirit of Keynes' original work. It is a heterodox approach to economics based on a non-equilibrium approach. Introduction The term "post-Keynesian" was first used to refer to a distinct school of economic thought by Eichner and Kregel (1975) and by the establishment of the ''Journal of Post Keynesian Economics'' in 1978. Prior to 1975, and occasionally in more recent work, ''post-Keynesian'' could simply mean economics carried out after 1936, the date of Keynes's ''General Theory''. Post-Keynesian economists are united in maintaining that Keynes' theory is seriously misrepr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
