Member Reviews
Hans D, Educator
This is an excellent book. It develops a rather simple, but powerful, macroeconomic model. Keen is able to predict when an economy is in a position of instability. He predicted the US financial crisis of 2007-8 in 2005. Today he is able to demonstrate that there are about a dozen macroeconomy that are in position of instability and likely for a crisis.
He does recommend reasonable macroeconomic policy that can avoid crisis and mend the conditions of instability.
