Property bear Steve Keen to close subscription site Debunking Economics
The Debunking Economics website launched by economist and housing market analyst Steve Keen is set to close in August.
Keen told Property Observer the site had not succeeded as a commercial venture.
Debunkingeconomics.com launched in August last year quickly attracted 130 subscribers under an introductory offer of $25 per month or $250 for the year.
The prices increased to $40 a month or $400 for a 12 month membership in September.
Most of the subscribers were US-based.
Hosted by Las Vegas-based Echo Chamber Media, it offered hour-long economics videos, weekly video interviews on topical issues, chart packs, fortnightly interactive seminars and blog posts with the aim of monetising some of Keen's views published on his long-running Debtwatch blog (www.debtdeflation.com/blogs/).
Keen says he plans to pare things back to writing his Business Spectator column and Debtwatch so that he has some time to do "fundamental research".
“I have a target that if I haven't begun my next book by the end of 2013 then I'm going to be somewhat of a hermit in 2014: far less travel and fewer conferences.
“2013 has been overkill on that front,” he says.
In June, Keen spoke at a Harvard Law School specialist seminar on money in Boston, followed by a keynote address to the Malaysian Central Bank's annual conference and further engagements in London, Paris, Frankfurt and Bordeaux.