Eichengreen and O’Rourke: A Tale of Two Depressions

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Eco­nomic his­to­ri­ans Barry Eichen­green and Kevin H. O’Rourke are using empir­i­cal data to com­pare this down­turn to the Great Depres­sion. I’ll be refer­ring to and adding to their com­par­i­son in the next Debt­watch (which will be pub­lished late next week, before the RBA’s July meet­ing), but the research is so good that it deserves to be high­lighted now.

Are the students revolting?

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I’ve had a few exchanges with neo­clas­si­cal econ­o­mists recently via the East Asia Forum blog, whose edi­tor approached me to write  a ver­sion of my “What a load of Bol­locks” post on this site. That piece “Why neo­clas­si­cal eco­nom­ics is dead”, cri­tiqued an East Asia Forum post “The state of eco­nom­ics” by neo­clas­si­cal text­book authors McTag­gart, Find­lay and Parkin.

Unmasking the Economics Profession: the challenge of political economy

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STEVE KEEN and EVAN JONES in con­ver­sa­tion with FRANK STILWELL

In this event to cel­e­brate the pub­li­ca­tion of Polit­i­cal Econ­omy Now!–the his­tory of the Polit­i­cal Econ­omy strug­gle at Syd­ney University–Evan Jones, Frank Stil­well and Steve Keen will dis­cuss the strug­gles inside the uni­ver­sity eco­nom­ics depart­ments and their sig­nif­i­cance, not only for teach­ing, but for the world econ­omy itself.