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Missive #698

In 1517, Martin Luther nailed his 95 theses to the wall of Wittenberg church. He argued that the Church’s internally consistent but absurd doctrines had pickled into a dogmatic structure of untruth. It was time for a Reformation. Half a millennium later, Steve Keen argues that economics needs its own Reformation. In Debunking Economics , he eviscerated an intellectual church – neoclassical economics – that systematically ignores its own empirical untruths and logical fallacies, and yet is still mysteriously worshipped by its scholarly high priests. In this book, he presents his a New Economics,If you have read any of Hudson’s books or are familiar with Minsky then you will not learn much from this book. What the author says makes a lot of sense but will never be put in place until all the Neo-Keynesian economists have died off. Even then it is going to be a fight unless the economy has gone completely in the tank and there are strong pressures to “Do Something”. and which tackles serious issues that today’s economic priesthood ignores, such as money, energy and ecological sustainability. It gives us hope that we can save our economies from collapse and the planet from ecological catastrophe. Performing this task with his usual panache and wit, Steve Keen’s new book is unmissable to anyone who has noticed that the economics Emperor is naked and would like him to put on some clothes. — Book promo @ goodreads.com

I have updated the Virtual Walk Maps in the sidebar with four more weeks of distance. Entered another state which always seems like more progress.

I’m starting to count down the days that I have remaining at this camp. Soon to be on the road to my new camp and the appointment for Desperado’s roof coating.

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