Steve Keen

"The EMH cannot apply in a world in which investors differ in their expectations, in which the future is uncertain, and in which borrowing is rationed."

"With the market so much more in control of the global economy now than fifty years ago, then if economists are right, the world should be a manifestly better place: it should be growing faster, with m…"

"If investors disagree about future prospects of companies, then inevitably the future is not going to turn out as most — or perhaps even any — investors expect."

"If there was never any difference between the value of commodities someone desired to sell and buy on the market, then no-one would ever desire to accumulate wealth. But an essential feature of capita…"

"The belief that a capitalist economy is inherently stabilising is also one for which inhabitants of market economies may pay dearly in the future."

"Which comes first — price being set by the intersection of supply and demand, or individual firms equating marginal cost to price?"

"The position I favor is that economics is a science, but a rather pathological one."

"You have a voice, which has been perhaps been quiescent on matters economic because you have in the past deferred to the authority of the economist. There is no reason to remain quiet."