The Nature of the Beast: eBook now available

The Nature of the Beasthow economists mistook wild horses for a rocking chair.

Mainstream free-market economics fundamentally mis-identifies the nature of market economies.  Its record is of retarded growth followed by disaster.  It counts costs as positives instead of negatives.  It is blind to how the present banking system destabilises the economy.  It is relentlessly materialistic and adversarial.  It ignores most of what we know about real people and the real world.

The result is pseudo-scientific gobbledygook, and the unstable, inequitable, undemocratic, destructive and unsustainable mess known as the global economy.

The Nature of the Beast draws out the real nature of market economies using modern knowledge of systems, human behaviour, ecology, biology and physics.  It points the way to stable, prosperous, democratic market economies that can support people, societies and the living world into the indefinite future.


“I observed in Debunking Economics that, if we leave the development of economics only to economists, then the intellectual revolution that economics desperately needs will never occur. Even before the current crisis ends, economists will rebuild their old, static ways of thinking–just like they did after the Great Depression.
If change is going to come, it will be from other professions, like physics, engineering and biology, who are used to modelling the dynamic, unstable real world rather than fantasies of equilibrium. They should be emboldened by this crisis to step onto the turf of economics and take the field over from the economists. Geoff Davies was one of the very first to do this, long before the current crisis hit, and his physics- and biology-inspired work is part of the promise of a future economics that is actually useful–unlike the downright dangerous fantasies of today’s neoclassical economists.”

– Economics Professor Steve Keen, University of Western Sydney, author of  Debunking Economics .

“You seem to have the ability to take complex argument and distill it into a form that can be understood by anyone taking the trouble to read your work.” – Tony Cox, online commenter.


More information here.

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