A professor of economics has turned to crowdfunding to pay his salary because universities “no longer provide the time and freedom they once gave to original thinkers”.
Steve Keen, who is currently employed full time at Kingston University but expects to remain there next year on a quarter-time basis only, hopes to raise enough money via the Patreon website to enable him to continue his work as a public intellectual.
He is initially hoping to raise $10,000 (£8,232) a month, which he says would allow him to work full time on the third edition of his book, Debunking Economics, plus a series of papers, and to continue producing videos for his YouTube channel, which has more than 10,000 subscribers.
Well, good luck to him, obviously. Although there is that slight question of why he’s not using more traditional methods. Say, gaining an advance for that book on economics. Heterodox is a pretty successful area these days, I’m told that Ritchie’s last (not current) went into 5 figures in sales. Tim Harford is approaching a couple of million on his first. And Keen’s hardly unknown in that heterodox world.
He’s also a contributor at Forbes and I know very well that a decent living can be made there.
Fun comment at that link through:
One might almost suggest that he is motivated by self-interest. But mainstream economics has been debunked yes? What a puzzlement…