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Content
September 2018, Volume 15, Issue 2
April 2018, Volume 15, Issue 1
- 1-1 Editorial
by The Editors
- 2-11 Interview with Marc Lavoie: ‘The vigorous critique of the neo-Kaleckian or post- Kaleckian growth model is a measure of its success’
by Eckhard Hein
- 12-31 The economic expansion in the US since 2009 and Donald Trump’s ambitions to ‘drain the swamp’
by Trevor Evans
- 32-46 Monetary policy and the punch bowl: the case for quantitative policy and wage growth targeting
by Thomas I. Palley
- 47-70 Income distribution, the Great Depression, and the relative income hypothesis
by Christian A. Belabed
- 71-90 Alternative economic policy under a regime with inflation targeting, primary surpluses and a floating exchange rate: an analysis for developing economies
by Ricardo Ramalhete Moreira
- 91-104 A multi-sectoral approach to the Harrod foreign trade multiplier
by Andrew B. Trigg & Ricardo Azevedo Araujo
- 105-107 Book review: Dullien, Sebastian, Neva Goodwin, Jonathan M. Harris, Julie A. Nelson, Brian Roach and Mariano Torras (2018): Macroeconomics in Context: A European Perspective, London, UK (688 pages, Routledge, softcover, ISBN 978-1-138-18516-0)
by Marc Lavoie
- 108-112 Book review: The CORE Team (2017): The Economy: Economics for a Changing World, Oxford, UK (1152 pages, Oxford University Press, softcover, ISBN 978-0-19881-024-7, £40)
by Antonella Stirati
- 113-115 Book review: Unger, Brigitte, Daan van der Linde and Michael Getzner (eds) (2017): Private or Public Goods: Redefining Res Publica, Cheltenham, UK and Northampton, MA, USA (304 pages, Edward Elgar Publishing, hardcover, ISBN 978-1-78536-954-4, £90)
by Achim Truger
December 2017, Volume 14, Issue 3
- 283-290 Interview with Henri Sterdyniak
by Achim Truger & Marc Lavoie
- 291-295 Editorial to the special issue: The Political Economy of the New Fiscalism
by Marc Lavoie & Mario Seccareccia
- 296-313 The New Austrian School challenge to Keynesian demand management
by Brett Fiebiger
- 314-332 The IMF and the New Fiscalism: was there a U-turn?
by Brett Fiebiger & Marc Lavoie
- 333-350 Political economy of the Stability and Growth Pact
by Orsola Costantini
- 351-371 Is high employment in the eurozone possible? Some reflections on the institutional structure of the eurozone and its crisis
by Mario Seccareccia
- 372-374 Book review: Tridico, Pasquale (2017): Inequality in Financial Capitalism, Abingdon, UK and New York, NY, USA (235 pages, Routledge, hardcover, ISBN 978-1-138-94412-1)
by Michele Raitano
- 375-377 Book review: Rodrik, Dani (2015): Economics Rules: The Rights and Wrongs of the Dismal Science, New York, NY, USA (235 pages, W.W. Norton, softcover, ISBN 978-0-393-35341-9)
by UlaÅŸ Åžener
September 2017, Volume 14, Issue 2
April 2017, Volume 14, Issue 1
- 1-1 Editorial
by The Editors
- 2-12 Interview with Heinz D. Kurz
by Eckhard Hein
- 13-22 A third era of credit theory? Endogenous money from Wolfgang Stützel's balance mechanics perspective
by Christoph Ellermann & Fabian Lindner & Severin Reissl & Ruben Tarne
- 23-31 The arithmetic relations between total expenditure and the resulting current and financial account balances as determinants of the revenue-related need for means of payment in an economy
by Wolfgang Stützel
- 32-47 Review of exchange-rate theories in four leading economics textbooks
by Jan Priewe
- 48-69 A simple approach to overcome the problems arising from the Keynesian stability condition
by Reiner Franke
- 70-91 The Sraffian supermultiplier as an alternative closure for heterodox growth theory
by Franklin Serrano & Fabio Freitas
- 92-116 A proposal for a federalized unemployment insurance mechanism for Europe
by Leila E. Davis & Charalampos Konstantinidis & Yorghos Tripodis
- 117-120 Book Review: Stiglitz, Joseph E. (2016): The Euro: How a Common Currency Threatens the Future of Europe, New York, NY, USA and London, UK (416 pages, W.W. Norton, hardcover, ISBN 978-0-393-25402-0)
by Jan Priewe
- 121-124 Book Review: Mitchell, William (2015): Eurozone Dystopia: Groupthink and Denial on a Grand Scale, Cheltenham, UK and Northampton, MA, USA (512 pages, Edward Elgar, hardcover, ISBN 978-1-78471-665-3, £99; softcover, ISBN 978-1-78471-667-7, £32)
by Torsten Niechoj
December 2016, Volume 13, Issue 3
- 255-264 Interview with Thomas I. Palley: ‘We need to confront more forcefully the neoclassical position and show the absolute impossibility of the world it describes!’
by Eckhard Hein & Marc Lavoie
- 265-274 Obituary: Kazimierz Laski (1921–2015)
by Martin Riese
- 275-290 The debate over ‘Thirlwall's law’: balance-of-payments-constrained growth reconsidered
by Robert A. Blecker
- 291-291 Editorial to the special issue
by Eckhard Hein
- 292-322 Financialisation and financial crisis in Iceland
by Björn Rúnar Guðmundsson
- 323-338 Could the Icelandic banking collapse of 2008 have been prevented? The role of economists prior to the crisis
by John S.L. McCombie & Marta R.M. Spreafico
- 339-353 Firms’ excess savings and the Dutch current-account surplus: a stock-flow consistent approach
by Huub Meijers & Joan Muysken & Olaf Sleijpen
- 354-374 Changes in the profile of inequality across Europe since 2005: austerity and redistribution
by Markus P.A. Schneider & Stephen Kinsella & Antoine Godin
- 375-377 Book review: Toporowski, Jan and Lukasz Mamica (eds) (2015): Michal Kalecki in the 21st Century, Basingstoke, UK (267 pages, hardcover, Palgrave Macmillan, ISBN 978-1-137-42827-1)
by Eckhard Hein
- 378-380 Book review: Dimand, Robert W. (2014): James Tobin, Basingstoke, UK (197 pages, hardcover, Palgrave Macmillan, ISBN 978-14039-8555-2)
by Thomas Palley
September 2016, Volume 13, Issue 2
April 2016, Volume 13, Issue 1
- 1-9 Interview with Edward J. Nell: ‘A great deal of neoclassical theory is set in cloud-cuckoo-land’
by Louis-Philippe Rochon
- 10-25 International monetary policy with commodity buffer stocks
by Leanne Ussher
- 26-27 Editorial to the special forum: Making the euro area work: proposals for monetary and fiscal reform
by Stefan Ederer & Torsten Niechoj
- 28-38 Can the Report of the ‘Five Presidents’ save the euro?
by Philip Arestis
- 39-56 A T-shirt model of savings, debt, and private spending: lessons for the euro area
by Andrea Terzi
- 57-71 Reviving fiscal policy in Europe: towards an implementation of the golden rule of public investment
by Achim Truger
- 72-86 Making the euro viable: the Euro Treasury Plan
by Jörg Bibow
- 87-102 The blind spots of trade impact assessment: macroeconomic adjustment costs and the social costs of regulatory change
by Werner Raza & Bernhard Tröster & Rudi von Arnim
- 103-113 On the long-run equilibrium value of Tobin’s average Q
by Reiner Franke & Boyan Yanovski
- 114-136 Drivers of wealth inequality in euro area countries: the effect of inheritance and gifts on household gross and net wealth distribution analysed by applying the Shapley value approach to decomposition
by Sebastian Leitner
- 137-139 Book Review: Atkinson, Anthony B. (2015): Inequality: What Can Be Done? Cambridge, MA, USA and London, UK (384 pages, hardcover, Harvard University Press, ISBN 978-0-674-50476-9)
by Michael Nagel & Achim Truger
- 140-143 Koo, R.C. (2015): The Escape from Balance Sheet Recession and the QE Trap: A Hazardous Road for the World Economy, Singapore (320 pages, hardcover, Wiley, ISBN 978-1-119-02812-3)
by Marc Lavoie
December 2015, Volume 12, Issue 3
- 249—249-249—249 Editorial
by The Managing Editors
- 250—254-250—254 Interview with Lance Taylor: ‘Wage repression and secular stagnation are rather close in kind’
by Marc Lavoie
- 255-276 Currency regime crises, real wages, functional income distribution and production
by Emiliano Brancaccio & Nadia Garbellini
- 277—299-277—299 Quantity-of-money fluctuations and economic instability: empirical evidence for the USA (1958–2006)
by Panayotis G. Michaelides & John G. Milios & Konstantinos N. Konstantakis & Panayiotis Tarnaras
- 300—317-300—317 Will ‘structural reforms’ of labour markets reduce productivity growth? A firm-level investigation
by Robert Vergeer & Steven Dhondt & Alfred Kleinknecht & Karolus Kraan
- 318—352-318—352 Macroeconomic policy regimes in emerging markets: the case of Latvia
by Milka Kazandziska
- 353—356-353—356 Book review: Y. Varoufakis, The Global Minotaur: America, the True Origins of the Financial Crisis and the Future of the World Economy, 1st Edition (, London, UK and New York, USA 2011) 196 pages
by Laura Carvalho
- 357—360-357—360 Book review: J.E. King, Advanced Introduction to Post Keynesian Economics (, Cheltenham, UK and Northampton, MA, USA 2015) 139 pages R.G. Holcombe, Advanced Introduction to the Austrian School of Economics (, Cheltenham, UK and Northampton, MA, USA 2014) 126 pages
by Torsten Niechoj
September 2015, Volume 12, Issue 2
- 143-146 Editorial
by Sebastian Gechert & Achim Truger & Till van Treeck & Andrew Watt
- 147-157 Inequality and the duration of growth
by Jonathan D. Ostry
- 158-169 Inequality, the crisis, and stagnation
by Till van Treeck
- 170-182 Rising inequality and stagnation in the US economy
by Barry Z. Cynamon & Steven M. Fazzari
- 183-189 Bringing inequality back in
by Heather Boushey
- 190-203 Individual earnings and household incomes: mutually reinforcing inequalities?
by Wiemer Salverda
- 204-219 Property and power: lessons from Piketty and new insights from the HFCS
by Miriam Rehm & Matthias Schnetzer
- 220-228 Teaching monetary theory and monetary policy implementation after the crisis
by Marc Lavoie
- 229-235 Why economics textbooks should, but don't, and won't, change
by David Colander
- 236-242 New macroeconomics teaching for a new era: instability, inequality, and environment
by Jonathan M. Harris
- 243-248 Book review: M. Lavoie, Post-Keynesian Economics: New Foundations (, Cheltenham, UK and Northampton, MA, USA 2014) 680 pages
by John McCombie
April 2015, Volume 12, Issue 1
December 2014, Volume 11, Issue 3
- 221-226 Interview with Robert Skidelsky: ‘Economics is not useless. It can either be very harmful, which it often is, or very beneficial’
by Eckhard Hein & Achim Truger
- 227-249 ‘The Chicago Plan revisited’: a friendly critique
by Brett Fiebiger
- 250-268 Global imbalances: benign by-product of global development or toxic consequence of corporate globalization?
by Thomas I. Palley
- 269-299 Foreign debt, distribution, inflation, and growth in an SFC model
by Pablo Gabriel Bortz
- 300-314 Why ‘state of the art’ monetary theory was unable to anticipate the global financial crisis: a child's guide
by Colin Rogers
- 315-332 Inside shadow banking: understanding the doomsday machine
by Wesley C. Marshall
- 333-348 Happiness surveys: exclusive guides for policy?
by Gunther Tichy
- 349-351 Book review: Philip Mirowski, Never Let a Serious Crisis Go to Waste: How Neoliberalism Survived the Financial Meltdown (, London, UK 2013) 384 pages
by Marc Lavoie
- 352-355 Book review: Robert Skidelsky and Edward Skidelsky, How Much is Enough? Money and the Good Life (, New York, NY, USA 2012) 272 pages
by Achim Truger
September 2014, Volume 11, Issue 2
April 2014, Volume 11, Issue 1
- 1-9 ‘The real problem is that when most economists wring their hands about the financial system melting down, what they really mean is the top 1 percent losing the amazing amount of wealth they've doubled since 1979’
by Achim Truger & Till van Treeck
- 10-30 Pro-shareholder income distribution, debt accumulation, and cyclical fluctuations in a post-Keynesian model with labor supply constraints
by Hiroaki Sasaki & Shinya Fujita
- 31-49 A theory of aggregate consumption
by Yun K. Kim & Mark Setterfield & Yuan Mei
- 50-52 Special Issue: Micro-foundations of macroeconomics: how important are they?
by Philip Arestis & Jesus Ferreiro
- 53-66 On economic paradigms, rhetoric and the micro-foundations of macroeconomics
by John S.L. McCombie & Ioana Negru
- 67-79 The irresistible charm of the micro-foundations dogma or the overwhelming force of the discipline's hard core?
by Thanos Skouras & Yiannis Kitromilides
- 80-98 Financial frictions and macroeconomic models: a tour d'horizon
by Jagjit S. Chadha
- 99-112 Rethinking the micro-foundations of macroeconomics: insights from behavioural economics
by Michelle Baddeley
- 113-126 Post-Keynesian stock-flow models after the subprime crisis: the need for micro-foundations
by Photis Lysandrou
- 127-128 Book review: Wolfram Elsner, Microeconomics of Interactive Economies (Edward Elgar, Cheltenham, UK and Northampton, MA, USA 2012) 240 pages
by Johannes Weskott
- 129-131 Book review: Peter Flaschel and Sigrid Luchtenberg, Roads to Social Capitalism: Theory, Evidence, and Policy (Edward Elgar, Cheltenham, UK and Northampton, MA, USA 2012) 384 pages
by Fritz Helmedag
December 2013, Volume 10, Issue 3
2013, Volume 10, Issue 3
2013, Volume 10, Issue 2
2013, Volume 10, Issue 1
2012, Volume 9, Issue 2
2012, Volume 9, Issue 1
2011, Volume 8, Issue 2
2011, Volume 8, Issue 1
2010, Volume 7, Issue 2