Steve Keen is a renowned economist and author known for his work on economic modeling and debt. He has gained significant recognition in the field and has amassed a substantial net worth from his career. In this article, we will delve into Steve Keen Net Worth, early life, education, career, and other interesting facts about him.
Quick Facts
Full Name | Steve Keen |
---|---|
Popular Name | Steve Keen |
Gender | Male |
Birth Date | March 28, 1953 |
Age | 70 years old (as of 2023) |
Parents | Not Available |
Siblings | Not Available |
Birth Place | Sydney, New South Wales, Australia |
Nationality | Australian |
Ethnicity | Not Known |
Education | Bachelor of Arts, Bachelor of Laws, Diploma of Education, Master of Commerce, PhD in Economics |
Marital Status | Single |
Sexual Orientation | Not Known |
Wife/Spouse | Not Known |
Children | Not Available |
Dating | Not Known |
Net Worth | $5 Million (as of 2023) |
Source of Wealth | Economist |
Height | Not Available |
Weight | Not Known |
What is Steve Keen’s Net Worth and Salary in 2023?
As of 2023, Steve Keen’s net worth is around $5 million. His primary source of income is his profession as an economist.
Why is Steve Keen Famous?
Steve Keen is famous for his research and insights on economic modeling and debt. His work challenges conventional economic theories and provides alternative perspectives on how economies function, particularly in relation to debt dynamics.
Keen gained widespread recognition for his accurate prediction of the 2008 global financial crisis, which brought attention to his unique approach and made him a sought-after commentator in the media.
He is known for his influential books, including “Debunking Economics” and “Can We Avoid Another Financial Crisis?”, further establishing his reputation in the field.
Steve Keen Biography
Early Life
Born in Sydney on March 28, 1953, Steve Keen had a humble beginning. His father was a bank manager, which perhaps sparked his interest in economics.
Education
Keen received a comprehensive education, starting with a Bachelor of Arts in 1974 and a Bachelor of Laws in 1976 from the University of Sydney.
He furthered his studies with a Diploma of Education at the Sydney Teachers College in 1977, a Master of Commerce in economics and economic history at the University of New South Wales in 1990, and a PhD in economics at the same university in 1998.
Career and Awards
Keen’s work primarily focuses on modeling Hyman Minsky’s financial instability hypothesis and Irving Fisher’s debt deflation. This hypothesis predicts a large private debt-to-GDP ratio can cause deflation and depression.
His pioneering work on modeling debt deflation has been recognized and awarded. He received the eminent Revere Award from the Real World Economics Review for his groundbreaking research on complex systems modeling of debt deflation.
The award acknowledged Keen as the economist who most clearly anticipated and gave public warning of the Global Financial Collapse.
In addition to his academic pursuits, Keen is also a prolific author. His book, “Debunking Economics” (Zed Books UK, 2001), critiques neoclassical economic theory, arguing that it is inconsistent, unscientific, and empirically unsupported.
His work has had a profound impact on the field of economics, making him a notable figure in the discipline.
Personal Life
His dedication to academia marks Keen’s personal life. He pursued a Master of Commerce in Economics and Economic History at the University of New South Wales 1990.
Eight years later, he achieved his Doctor of Philosophy in Economics from the same institution. Despite his impressive academic achievements, Keen remains single and is not currently dating anyone, according to available information.
Throughout his life, Keen has been influenced by several notable figures in economics, including John Maynard Keynes, Karl Marx, Hyman Minsky, Piero Sraffa, Augusto Graziani, Joseph Alois Schumpeter, and François Quesnay.
Social Media Accounts
Steve Keen is active on various social media platforms, including Twitter, where he shares his thoughts and insights on economics.
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FAQs about Steve Keen
What is Steve Keen’s net worth in 2023?
As of 2023, Steve Keen’s net worth is around $5 million.
What is Steve Keen famous for?
Steve Keen is famous for his work as an economist and author. He is known for criticizing neoclassical economics and his contributions to post-Keynesian economics.
Conclusion
Steve Keen is a prominent figure in economics, known for his insightful and critical views on mainstream economic theories. His work continues to influence economic thought and policy-making. Stay tuned to Covemarkets for more updates on Steve Keen’s life and career.