A model of economic production in which energy plays an essential role

Prof Steve Keen is creating realistic economics for the post-crash world

Prof. Steve Keen has launched a Patreon crowd fund project, to finance the development of a dynamic monetary approach to economics. He is looking at the role of energy in the economy, and how credit causes housing bubbles.

Global 4C Risk Mitigation policy is based on an understanding of energy dissipation and entropy as they related to carbon pricing and climate mitigation policy. Let’s hope that Global 4C catches Steve’s attention one day soon.

https://www.patreon.com/ProfSteveKeen