Tuesday, December 13, 2011

Jamie Galbraith on the current crisis

Here is Jamie's keynote speech at the Associação Nacional dos Centros de Pós-Graduação em Economia (ANPEC) in Foz do Iguaço, Brazil. If nothing else this talk would be worth for the anecdote of John Kenneth Galbraith granting Piero Sraffa authorization to fly, in a US army plane, to the expected Comunist Revoultion in Italy!

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Rethinking the determination and long-run evolution of income distribution

New paper by Thomas Palley. From the abstract: This paper presents a theory and model of long-run cycles in income inequality. The model exp...