New Book: Value, Competition and Exploitation – Marx’s Legacy Revisited

August 9, 2018

Category: Competition, Economic theory, Heterodox Economics, History of Economic Thought, Labour Theory of Value, Marx, Marxian Economics, Methodology, Political economy, Prices, Value Theory

By Jonathan F. Cogliano, Peter Flaschel, Reiner Franke, Nils Fröhlich, and Roberto Veneziani. From Edward Elgar: Thi

Nate Cline & Nate Perry: What caused the great inflation moderation in the US? A post-Keynesian view

November 1, 2016

Category: David Fields, inflation, Nate Cline, Nate Perry, Post-Keynesian, Prices, ROKE, US Economy, Wages

New paper by Nate Cline and Nate Perry, published in the Review of Keynesian Economics. From the abstract: Several expl

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

New Levy Paper by Pavlina R. Tcherneva: Money, Power, and Monetary Regimes

March 8, 2016

Category: Capitalism, Chartalism, Currency, David Fields, Dollarization, Exchange Rates, Finance, Heterodox Economics, History, Institutions, Keynes, Levy, Macroeconomics, Methodology, Modern Monetary Theory, Monetary Policy, Money, Pavlina R. Tcherneva, Political economy, Post-Keynesian, Power, Prices, Research, State Theory, Value Theory

By Pavlina R. Tcherneva From the abstract: Money, in this paper, is defined as a power relationship of a specific kind, a

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