Finance Education "After" the Crisis

4,258 views · Published 18 July 2011 · 15:45 · Indexed 5 October 2026

Channel: ProfSteveKeen · 2011 · News & Politics

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Finance theory, since it takes neoclassical economics as its starting point, is even more flawed than neoclassical economics itself. Here I point out how absurd its abuse of the English language has been--using "Efficient" and "Rational" to describe behavior that any sensible person would see as "prophetic"--and discuss how it should be reformed.

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