Skip to main content

10 papers from ROKE

As Review of Keynesian Economics comes to the end of its 4th year, I thought of reminding you that there are 34 free-access articles we have published so far. Below a list of 10 articles that I think are worth reading with no particular criteria (but a representative sample), in alphabetical order by author.

Wage-led versus profit-led demand regimes: the long and the short of it
Robert A. Blecker

The neoclassical sink and the heterodox spiral: political divides and lines of communication in economics
Gary A. Dymski

Developmental central banking: winning the future by updating a page from the past
Gerald Epstein

Endogenous money and effective demand
Steve Keen

Cambridge and neo-Kaleckian growth and distribution theory: comparison with an application to fiscal policy
Thomas I. Palley

What caused the great inflation moderation in the US? A post-Keynesian view
Nathan Perry and Nathaniel Cline

Keynes, family allowances, and Keynesian economic policy
Steven Pressman

How Keynes came to Britain
Robert Skidelsky

Keynes and the European economy
Peter Temin and David Vines

Unravelling the New Classical Counter Revolution
Simon Wren-Lewis

Comments

Popular posts from this blog

A few brief comments on Brexit and the postmortem of the European Union

Another end of the world is possible
There will be a lot of postmortems for the European Union (EU) after Brexit. Many will suggest that this was a victory against the neoliberal policies of the European Union. See, for example, the first three paragraphs of Paul Mason's column here. And it is true, large contingents of working class people, that have suffered with 'free-market' economics, voted for leaving the union. The union, rightly or wrongly, has been seen as undemocratic and responsible for the economics woes of Europe.

The problem is that while it is true that the EU leaders have been part of the problem and have pursued the neoliberal policies within the framework of the union, sometimes with treaties like the Fiscal Compact, it is far from clear that Brexit and the possible demise of the union, if the fever spreads to France, Germany and other countries with their populations demanding their own referenda, will lead to the abandonment of neoliberal policies. Aust…

A brief note on Venezuela and the turn to the right in Latin America

So besides the coup in Brazil (which was all but confirmed by the last revelations, if you had any doubts), and the electoral victory of Macri in Argentina, the crisis in Venezuela is reaching a critical level, and it would not be surprising if the Maduro administration is recalled, even though right now the referendum is not scheduled yet.

The economy in Venezuela has collapsed (GDP has fallen by about 14% or so in the last two years), inflation has accelerated (to three digit levels; 450% or so according to the IMF), there are shortages of essential goods, recurrent energy blackouts, and all of these aggravated by persistent violence. Contrary to what the press suggests, these events are not new or specific to left of center governments. Similar events occurred in the late 1980s, in the infamous Caracazo, when the fall in oil prices caused an external crisis, inflation, and food shortages, which eventually, after the announcement of a neoliberal economic package that included the i…

What is the 'Classical Dichotomy'?