Tuesday, November 13, 2012

Heterodox economics under attack

The University of Western Sydney, where Steve Keen teaches, is proposing to shut down its economics program. For an explanation of what is going on go here.

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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...