New book: What Went Wrong with Economics
I have just published a book on economics with an emphasis on money creation and fractional reserves vs full reserves. It covers a great many subjects discussed on this section of the forum. Take a look => here.
Thanks for the link, the book looks interesting. I’m curious as to how your work relates to Steve Keen’s thesis on endogenous money supply and other topics related to misinterpreting the fundamentals of economics.
Browsing the link to the table of contents that you provided, it seems that you address similar points- are your conclusions aligned with his? He also differentiates between Ponzi and speculative lending, discouraging these types of lending practices, while encouraging lending to productive borrowers.
Steve Keen is my favorite economist and I hope that my book is “Steve Keen compatible”. But I also think that I have made some original contributions that he has not considered. My work is also less reliant on all those differential equations that he is prone to use.
If you like Steve Keen, Michael Hudson or Peter Schiff, then you should like my book. If you are a free market fundamentalist, or a banker, then it will make uncomfortable reading.