{"id":70701,"date":"2023-07-04T09:34:55","date_gmt":"2023-07-04T08:34:55","guid":{"rendered":"https:\/\/www.taxresearch.org.uk\/Blog\/?p=70701"},"modified":"2023-07-04T09:34:55","modified_gmt":"2023-07-04T08:34:55","slug":"steve-keens-dead-parrot","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2023\/07\/04\/steve-keens-dead-parrot\/","title":{"rendered":"Steve Keen&#8217;s dead parrot"},"content":{"rendered":"<p>This is from the <a href=\"https:\/\/p.feedblitz.com\/t3\/973841\/890347\/12405674_\/www.paecon.net\/PAEReview\/issue104\/Keen104.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">104th edition of the Real World Economic Review;<\/a><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-70704\" src=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-04-at-09.30.20-550x453.png\" alt=\"\" width=\"550\" height=\"453\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-04-at-09.30.20-550x453.png 550w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-04-at-09.30.20-364x300.png 364w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-04-at-09.30.20-768x632.png 768w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-04-at-09.30.20-1536x1264.png 1536w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-04-at-09.30.20-486x400.png 486w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-04-at-09.30.20.png 1662w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-70703\" src=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-04-at-09.30.33-550x404.png\" alt=\"\" width=\"550\" height=\"404\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-04-at-09.30.33-550x404.png 550w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-04-at-09.30.33-409x300.png 409w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-04-at-09.30.33-768x564.png 768w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-04-at-09.30.33-1536x1128.png 1536w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-04-at-09.30.33-545x400.png 545w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-04-at-09.30.33.png 1648w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-70702\" src=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-04-at-09.30.52-550x166.png\" alt=\"\" width=\"550\" height=\"166\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-04-at-09.30.52-550x166.png 550w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-04-at-09.30.52-768x232.png 768w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-04-at-09.30.52-1536x464.png 1536w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-04-at-09.30.52-600x181.png 600w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-04-at-09.30.52.png 1636w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/p>\n<p>Steve is right, of course.<\/p>\n<p>The whole article is <a href=\"https:\/\/p.feedblitz.com\/t3\/973841\/890347\/12405674_\/www.paecon.net\/PAEReview\/issue104\/Keen104.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">available, free of charge, here<\/a>. It includes a good MMT explanation of money creation using Minsky, which because of other work I still have to get to in a serious way.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This is from the 104th edition of the Real World Economic Review; Steve is right, of course. The whole article is available, free of charge,<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2023\/07\/04\/steve-keens-dead-parrot\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-70701","post","type-post","status-publish","format-standard","hentry","category-economics"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/70701","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=70701"}],"version-history":[{"count":1,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/70701\/revisions"}],"predecessor-version":[{"id":70705,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/70701\/revisions\/70705"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=70701"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=70701"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=70701"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}