Friday, November 26, 2021

On Garegnani's contributions to economics

My initial comments at the seminar on the legacy of Pierangelo Garegnani's contributions to economics organized by the Italian Post Keynesian Network. The full seminar here.

Monday, November 22, 2021

Part Two of the interview at Radio UNAL

More on the same issues, with a discussion of Piero Sraffa and the surplus approach (this week there will be an event on the legacy of Pierangelo Garegnani). In Spanish again.

Wednesday, November 17, 2021

On the Worldly Philosophy at Radio UNAL


Interview in Spanish to Radio UNAL with Óscar Morillo. We discuss the the origins of political economy and their importance and the continuous relevance for the understanding of modern capitalism. Link here.

Monday, November 8, 2021

Garegnani: Ten Years After

This event organized by the Italian Post Keynesian Network. I wrote about Garegnani's contributions when he passed away here in the blog. We will discuss some of the issues he raised, but also the new directions of Sraffian economics.

 

Review of Keynesian Economics issue on Financialization


Volume 9, Issue 4 of the Review of Keynesian Economics is now available. The issue is devoted to the twin topics of “financialization” and the “macroeconomics of international finance”. The first paper by Michael Hudson analyzes the impact on distributional outcomes of adding capital gains to and subtracting rent seeking activity from GDP. The second paper examines financialization’s rolling sector dynamics whereby it loads the economy with debt. The third paper by Esteban Pérez Caldentey and Matias Vernengo explores how financialization has fostered premature deindustrialization in Latin America. The fourth paper by Biagio Bossone looks at the implications of the actions of international portfolio actors for policy sovereignty. The fifth paper empirically examines the effectiveness of controls on international financial capital flows. The last paper explores whether recent developments regarding China’s currency reflect capital flight or internationalization of the renminbi.

Inflation, real wages, and the election results

Almost everybody these days accepts at face value that the result of the election was heavily determined by negative perceptions about Biden...