Economic Rockstar

Connecting Brilliant Minds in Economics and Finance

096: Cameron Murray on the Robinson Crusoe Economy and Blogging toward your PhD

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Episode 096Dr Cameron K. Murray  is an economist with a passion for improving society. Cameron writes under the Cameron Murray Economic Rockstarpseudonym Rumplestatskin. 

Cameron has a broad range of interests and a diverse background in property development, environmental economics research and economic regulation. 

In his writings, Cameron aims to bring reliable insights from the academic and technical literature into the mainstream economic debate.

Cameron thinks that economics could be much better than it is, which is why he often write about very fine technical points of economic theory, and the nature of the profession.

Dr Murray specialises in property markets, environmental economics and corruption.

Cameron maintains an internationally renowned personal blog called Fresh Economic Thinking and also writes for MacroBusiness, IDEA economics and Evonomics.

He recently completed a PhD at the University of Queensland on the economics of corruption.

Economics: 

In this episode, Cameron mentions: comparative advantage, property rights and trade.

Economists:

In this episode, Cameron mentions: Steve Keen, Ronald Coase, William Baumal, Alan Blinder and Stanley Jevons.

Links:

Where to Find Cameron:

Books:

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086: Philip Pilkington on Determinism and the Reformation in Economics

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086: Philip Pilkington on Determinism and the Reformation in Economics

Phillip Pilkington works in investment and has contributed to numerous online and print media philip pilkingtonoutlets as a freelance economic journalist.

Phillip ran a popular economics blog called www.fixingtheeconomists.wordpress.com and will be releasing his book The Reformation in Economics soon.

Phillip earned his B.A. in Journalism from the Independent Colleges, as well as his M.A. in Economics from Kingston University.

All views expressed by Phillip are his own and are not representative of the firm in which he works.

Economics:

In this episode, Philip mentions: utility maximizing, behavioral bias, interest rates, time preference, savings, money, comparative advantage, decision making, consumption function, marginal propensity to consume and the multiplier.

Economists:

In this episode, Philip mentions: Steve Keen, Paul Samuelson, Adam Smith, James Steuart, David Ricardo and G. L. S. Shackle.

Links:

Books:

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011: Steve Keen on Debunking Economics and the Misinterpretation of Keynes

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011: Steve Keen on Debunking Economics and the Misinterpretation of Keynes

Prof Steve KingstonSteve Keen is Professor of Economics and Head of Department of Economics, History and Politics at Kingston University, London. Steve’s interpretative analysis is quite different to the norm. Steve likes to be known socially as an anti-economist and has spent 40 years fighting delusion in economics. That delusion has led us into a crisis and Steve may have finally won his battle… or has he? Steve is the winner of the Revere Award for being the economist who most convincingly warned of the economic crisis and whose work is most likely to prevent another one. He topped the poll beating Roubini, Shiller, Soros, Stiglitz and Krugman.

Economic Themes:

In this interview, Steve mentions and discusses: Keynesian economics, supply, demand and equilibrium, demand curves, Debt/GDP ratio, financial crisis, housing market bubble and IS-LM model.

Economists and Economic Schools:

In this interview, Steve mentions: Frank Stilwell, Neva Goodwin, Jack Reardon, John Maynard Keynes, Hyman Minsky, John Hicks, Paul Krugman, Paul Samuelson, Marshallian Economics (Alfred Marshall) and Walrasian Economics (Leon Walrasian).

In this episode, you will learn:

  • how Steve saw the 2008 financial crisis coming when he investigated Debt/GDP levels.
  • Steve’s views on current economic teachings in many school, colleges and universities around the world.
  • what should be done at these colleges and how a pluralist approach to teaching economics is best.
  • about Steve’s thoughts on the treatment of Keynesian economics.
  • about Steve’s involvement in a Marvel-style comic book dedicated to teaching economics.

‘Stability is Destabilising’ Steve Keen’s t-shirt from the MINSKY campaign

Economics deserves Comedy – Steve Keen

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Keynesian Economics

“If you read the Keynes that I base my work on which is really Keynes in 1937, not the General Theory, but the papers from 1937 – read that and a lot of Austrians will think they’re reading Hayek. Keynes is being completely bastardised. What people when they are saying Keynesian they mean Samuelsonian”.

Keynes according to the Americans is what Samuelson said what Keynes said – Steve Keen

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My vision of who Keynes is very different to the one that Paul Krugman has – Steve Keen

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Recommended Books:

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