Capital, Accumulation, Production and Employment: A WEA Online Conference

May 16, 2016

Category: Capitalism, Class Conflict, conferences, crisis, Critical Social Science, David Fields, Democracy, Development, Distribution, Economic Policy, Effective Demand, employment, Finance, Freedom, Globalization, Growth, Heterodox Economics, Human Potential, Inequality, Instability, Institutions, International Political Economy, jobs, Labour, Living Standards, Methodology, Neoliberalism, Political economy, Poverty, Power, Praxis, Production, Research, Scholarship, Social Action, Social Change, Social Justice, Social Movements, Sustainability, Well-being, Work, Workers, World Economics Association (WEA), world economy

Can We Bend the Arc of Global Capital Toward Justice? is an online conference sponsored by the World Economics Associat

Prabhat Patnaik on Why Do We Have Unemployment?

April 20, 2016

Category: Capitalism, Class Conflict, crisis, David Fields, Distribution, Effective Demand, Fiscal Policy, Heterodox Economics, Inequality, Instability, jobs, Keynes, Labour, Living Standards, Macroeconomics, Marx, Marxian Economics, Monetary Policy, Monthly Review, Neoliberalism, Political economy, Prabhat Patnaik, Radical Economics, Social Justice, unemployment, Wages, Wealth, Well-being, Work, world economy

By Prabhat Patnaik Unemployment has become so persistent a phenomenon in contemporary times that there is a common fee

A Very Short Explanation of Profit- versus Wage-led Growth

April 13, 2016

Category: Capitalism, David Fields, Distribution, Effective Demand, Growth, Heterodox Economics, Keynes, Macroeconomics, Post-Keynesian, Profits, Radical Economics, Wages

By David M. Fields A central concern of Left (Post)-Keynesian heterodox macroeconomics is the interaction between ec

A Brief Sketch of the Classical-Keynesian Perspective

April 8, 2016

Category: Capitalism, Class Conflict, Classical-Keynesian, Critical Social Science, David Fields, Debt, Distribution, Effective Demand, Finance, Fiscal Policy, Growth, Heterodox Economics, Institutions, Keynes, Labour, Long-Period, Macroeconomics, Marx, Marxian Economics, Methodology, Modern Monetary Theory, Monetary Policy, Money, Political economy, Post-Keynesian, Power, Prices, Radical Economics, Sraffa, Sraffian Economics, Supermultiplier, unemployment, Value Theory, Wages

By David M. Fields From a Classical-Keynesian perspective (Bortis, 1997, 2003), rates of interest regulate rates of p

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