Keen, "A much more nebulous conception"

Steve Keen, "'A much more nebulous conception'," Steve Keen's Debtwatch, 04 September 2011.

Keen explains the fundamental role that change in debt plays in the macro economy, a fact that is ignored in neoclassical economics ideology, which currently dominates U.S. economic policy.

Note: Steve Keen is the author of Debunking Economics: The Naked Emperor of the Social Sciences (Pluto Press Australia & Zed Books UK, 2001 [Google Books; Amazon.com]). Book website (for the Second Edition, 2011): link.