Decolonizing Keynesian Macroeconomics by Jayati Ghosh

 

The 9th Godley-Tobin Memorial Lecture was delivered by Professor Jayati Ghosh, from UMass, Amherst, one of the leading development economists. Jayati argues that Keynesian economics must be further “decolonized” by recognizing how financial globalization and currency hierarchies constrain developing countries. Even fiscally disciplined poorer countries face higher borrowing costs, capital volatility, and reduced policy autonomy, so effective Keynesian policy requires tighter regulation of finance and reform of the international monetary system.

Atonella Stirarti's Godley-Tobin Lecture

There was a problem during the 7th Godley-Tobin Lecture. I disconnected everyone when I was trying to fix a problem with Professor Stirati's presentation, and I didn't notice until much later. The worst part is that the recording was lost. I'm posting here the PowerPoint presentation for those interested. We will also post the link for the published version of the lecture, which will be open also on the website of the Review of Keynesian Economics (ROKE).

Beyond the NAIRU, 7th Godley-Tobin Lecture by Antonella Stirati

 

The 7th Godley-Tobin Lecture in a bit more than a week. For those not in Boston registration here.

Beyond the NAIRU - 7th Godley-Tobin Lecture

The 7th Godley-Tobin Lecture will be given by Antonella Stirati at the Eastern Economic Association meeting next Spring in Boston. The previous lecture by Professor Joseph Stiglitz will be published in the January issue of ROKE.

Neoliberalism, Keynesian Economics, and Responding to today's Inflation

 

 

Q&A Session

The lecture here. Note that it missed a few minutes at the beginning and the slides are not showing, with Professor Stiglitz at the upper right corner. It is still pretty engaging and wroth reading. There is a link to the slides that are not showing up. The actual lecture will be published in the first issue of ROKE in 2024.

 

I'll post link to the published version when it's done.

 

Paul Krugman's Godley-Tobin Lecture

 

Krugman and the editors of ROKE

 

Paul Krugman's lecture, reflecting on the contributions of James Tobin is now published by the Review of Keynesian Economics. The paper can be downloaded here.

 

The 6th Godley-Tobin Lecture will be delivered by Professor Joseph Stiglitz. More information will be made available soon. Registration here.

The Enduring Relevance of Tobinomics

Krugman's lecture which will be published in the Review of Keynesian Economics (ROKE).

Registration for the Godley-Tobin Lecture

Registration for the 5th Godley-Tobin Memorial Lecture, for those that cannot be at Bucknell University for the event, is now open here.

Review of Keynesian Economics is out!

We are delighted to announce the publication of Volume 10, Issue 1 of the Review of Keynesian Economics. We invite you to visit the website where you can read all the article abstracts and download two free articles.

The issue focuses on monetary macroeconomics. The lead article is Professor Marc Lavoie’s 2021 Godley-Tobin Memorial Lecture titled Godley versus Tobin on monetary matters. That is followed by an article by Federal Reserve economist Jeremy Rudd titled Why do we think that inflation expectations matter for inflation? (And should we?). Additionally, there is an article on the role of risk and uncertainty in Keynes’ and Kalecki’s interest rate theory; an article providing a modern theory of animal spirits founded on contemporary psychological theory; an article on pre-Keynesian application of Keynesian policies in the Great Depression; and an article augmenting the standard undergraduate upper-level macroeconomics model with hysteresis via the central bank’s estimate of the natural rate of interest.

2022 Godley-Tobin Memorial Lecture: Paul Krugman

The editors of ROKE are pleased to announce that Professor Paul Krugman has agreed to give the 2022 Godley–Tobin Memorial Lecture. Professor Krugman is Distinguished Professor of Economics at the Graduate Center of the City University of New York. He has also taught at MIT, Princeton University, and Yale University. Like James Tobin, Professor Krugman was awarded the Nobel Memorial Prize in Economics (2008) and the American Economics Association’s John Bates Clark Medal (1991).

Professor Krugman’s work has focused on international economics and macroeconomics. He is a prominent American public intellectual who is widely recognized for his regular column in The New York Times. The title of Professor Krugman’s lecture is “The enduring relevance of Tobinomics”.

The lecture will be held at Bucknell University, Lewisburg, PA on April 20, 2022, at 5.00pm and it will also be live streamed.

Godley versus Tobin on Monetary Matters by Marc Lavoie

 

The 4th Godley-Tobin Lecture given by Marc Lavoie, a co-author of Wynne Godley, and one of the leading Post Keynesian authors.

Fourth Godley-Tobin Lecture: Marc Lavoie on Godley vs Tobin on Monetary Theory

Part of the Eastern Economic Association Meeting, and sponsored by the Review of Keynesian Economics.

Robert Shiller's Godley-Tobin Lecture

Godley-Tobin Lecture later this month in Boston, during the Eastern Economic Association Meetings.

Keynesian Economics: Back from the Dead

The Godley-Tobin Lecture by Bob Rowthorn, to be published by the Review of Keynesian Economics.

Rowthorn suggests that many Keynesian features are part of the mainstream now, in particular showing a stable Phillips Curve without a natural rate. I remain more skeptical about the return of Keynesianism within the mainstream, but worth listening to his thoughts.