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The Progressive Economics Forum: Economics for Everyone: Second Edition

This week marks the official publication release of the second edition of Economics for Everyone: A Short Guide to the Economics of Capitalism. In this blog I explain my motivations in writing the book, and promoting critical economic literacy more generally; the commentary was originally published by Pluto Books (the international publisher). The book is . . . → Read More: The Progressive Economics Forum: Economics for Everyone: Second Edition

The Progressive Economics Forum: Rethinking Economics Waterloo Conference, Feb 7

Ali Kraushaar and Geoff Evamy Hill, co-founders of the Rethinking Economics Waterloo initiative, are organizing a conference to be held Feb 7. It looks good! See below.

We want to inform you about the Rethinking Economics Waterloo Conference happening at St. Paul’s University College on Saturday, February 7. We invite you and all your . . . → Read More: The Progressive Economics Forum: Rethinking Economics Waterloo Conference, Feb 7

The Progressive Economics Forum: Louis-Philippe Rochon’s Top 10 Economic Predictions for 2015

Louis-Philippe Rochon has written a provocative blog post for the CBC titled “Top 10 Economic Predictions for 2015.”

The post is available here.

The Progressive Economics Forum: (Macro) Econ 101

On December 2, Chris Ragan wrote a column for the Globe and Mail titled “Another (Macro) Defense of Econ 101.” The link to his column is available here . My brief reply was published in the Globe and Mail on December 13. The full version is below:

Professor Ragan defends conventional (macro) Econ 101 as . . . → Read More: The Progressive Economics Forum: (Macro) Econ 101

The Progressive Economics Forum: Economics 101

On October 21, Chris Ragan wrote a column for the Globe and Mail titled “In defence of Economics 101.” The link to his column is available here.

On October 24, Marc Lavoie, Louis-Philippe Rochon and Mario Seccareccia replied to him. The link to their response is available here.

The Progressive Economics Forum: New Issue of Review of Keynesian Economics

A guest blog post from Louis-Philippe Rochon:

Dear friends and colleagues,

The new issue of the Review of Keynesian Economics (ROKE) is now out, and you can find it here. It features an interesting symposium on ‘Steve Keen and his critics’, and contains not only a paper by Steve Keen, but replies by Marc Lavoie, . . . → Read More: The Progressive Economics Forum: New Issue of Review of Keynesian Economics

The Progressive Economics Forum: New Issue of Review of Keynesian Economics

A new issue of the Review of Keynesian Economics is now out, and you can find it here. It features a symposium on ‘Steve Keen and his critics’, a paper by Steve Keen, and replies by Marc Lavoie, Tom Palley, and Brett Fiebiger. The Keen and Lavoie papers are available free for downloading. Here is . . . → Read More: The Progressive Economics Forum: New Issue of Review of Keynesian Economics

The Progressive Economics Forum: PEF Events at This Year’s Annual Conference of the CEA

For the 15th consecutive year, the Progressive Economics Forum (PEF) will be sponsoring events at the Annual Conference of the Canadian Economics Association (which takes place this month in Vancouver). PEF events will take place this Friday and Saturday; details pertaining to all PEF events can be found at this link.

Once again this year, . . . → Read More: The Progressive Economics Forum: PEF Events at This Year’s Annual Conference of the CEA

The Progressive Economics Forum: People are hungry for economics that works for people and the planet

As economics students around the world demand change in the curriculum and challenge their professors to open classrooms to pluralism in perspectives and views, the interest in heterodox economics is growing here in Canada too. You can see in the tremendous interest to this year’s PEF Summer School in heterodox economics, which we titled Economics . . . → Read More: The Progressive Economics Forum: People are hungry for economics that works for people and the planet

The Progressive Economics Forum: Review of Capital in the Twenty-First Century by Thomas Piketty

Capital in the Twenty-First Century by Thomas Piketty (Belknap Press, 2014) is the economics publishing sensation of our times, especially in the United States. Currently the number one seller on the US Amazon web site and widely debated in the “blogosphere”, this long book is being favourably compared to the seminal works of . . . → Read More: The Progressive Economics Forum: Review of Capital in the Twenty-First Century by Thomas Piketty

The Progressive Economics Forum: Pikkety on Capital in the 21st Century (Tom Palley)

I have just finished Piketty’s magnum opus which is clearly one of the most important economic books of our time. I am still trying to digest the theoretical argument.

Below I provide a link and intro to an important commentary by Tom Palley who argues that Pikkety is too close to the neo classical paradigm . . . → Read More: The Progressive Economics Forum: Pikkety on Capital in the 21st Century (Tom Palley)

The Progressive Economics Forum: 2014 PEF Summer School in Heterodox Economics

The Progressive Economics Forum (PEF) will host a Summer School in Heterodox Economics in Vancouver on May 29, 2014, prior to Canadian Economics Association annual conference in Vancouver from May 30 to June 1, 2014. The Summer School is aimed at undergraduate and graduate students of economics or related fields, and working economists in academia, . . . → Read More: The Progressive Economics Forum: 2014 PEF Summer School in Heterodox Economics

The Progressive Economics Forum: What Have we Learned From the Financial Crisis? Part 4: Bernard Vallageas

What follows are comments from a roundtable discussion held at the University of Ottawa on February 28, organized by Mario Seccareccia, and which featured participation from Marc Lavoie, Louis-Philippe Rochon, Mario Seccareccia, Slim Thabet and Bernard Vallageas.

This is Part 4 of 5 sequential blog entries.

Bernard Vallageas Vice-président de l’Association pour le Développement . . . → Read More: The Progressive Economics Forum: What Have we Learned From the Financial Crisis? Part 4: Bernard Vallageas

The Progressive Economics Forum: What Have we Learned From the Financial Crisis? Part 3: Mario Seccareccia

What follows are comments from a roundtable discussion held at the University of Ottawa on January 28, organized by Mario Seccareccia, and which featured participation from Marc Lavoie, Louis-Philippe Rochon, Mario Seccareccia, Slim Thabet and Bernard Vallageas.

This is Part 3 of 3 consecutive blog entries.

Mario Seccareccia Professor of Economics, University . . . → Read More: The Progressive Economics Forum: What Have we Learned From the Financial Crisis? Part 3: Mario Seccareccia

The Progressive Economics Forum: What Have we Learned From the Financial Crisis? Part 2: Louis-Philippe Rochon

What follows are comments from a roundtable discussion held at the University of Ottawa on January 28, organized by Mario Seccareccia, and which featured participation from Marc Lavoie, Louis-Philippe Rochon, Mario Seccareccia, Slim Thabet and Bernard Vallageas.

This is Part 2 of 3 consecutive blog entries.

Louis-Philippe Rochon Associate Professor of . . . → Read More: The Progressive Economics Forum: What Have we Learned From the Financial Crisis? Part 2: Louis-Philippe Rochon

The Progressive Economics Forum: What Have we Learned From the Financial Crisis? Part 1: Marc Lavoie

What follows are comments from a roundtable discussion held at the University of Ottawa on January 28, organized by Mario Seccareccia, and which featured participation from Marc Lavoie, Louis-Philippe Rochon, Mario Seccareccia, Slim Thabet and Bernard Vallageas.

Parts 2 and 3 will follow in subsequent blog posts.

Marc Lavoie Professor of Economics, University of . . . → Read More: The Progressive Economics Forum: What Have we Learned From the Financial Crisis? Part 1: Marc Lavoie

The Progressive Economics Forum: More on Secular Stagnation

Tom Palley has an interesting piece on his blog re differing approaches to the theme of secular stagnation, drawing a distinction between Marxist and structural Keynesian perspectives. As he notes, neo liberals such as Summers have got on the bandwagon without really exploring in depth the roots of the problem.

The Progressive Economics Forum: The Staple Theory @ 50: Mel Watkins

We now present the final installment in our autumn-long series of special commentaries marking the 50th anniversary of the publication of “A Staple Theory of Economic Development,” the classic article by Mel Watkins published in the Canadian Journal of Economics and Political Science in 1963. We have invited Mel himself to provide a rejoinder to . . . → Read More: The Progressive Economics Forum: The Staple Theory @ 50: Mel Watkins

The Progressive Economics Forum: The Staple Theory @ 50: Jim Stanford

Winter is now officially upon us, and so it is time to conclude our autumn-long series of special commentaries marking the 50th anniversary of Mel Watkins’ classic article, “A Staple Theory of Economic Development.” To wrap up the series, I would like to throw my own views into the brew. I argue here that Watkins’ . . . → Read More: The Progressive Economics Forum: The Staple Theory @ 50: Jim Stanford

The Progressive Economics Forum: The Staple Theory @ 50: Gerry Helleiner

One remarkable and gratifying aspect of our special series of commentaries marking the 50th Anniversary of Mel Watkins’ classic 1963 article on staple theory, is the interest and input it has generated from researchers and scholars who have applied Mel’s work in various capacities, in Canada and internationally. One such contributor is Gerry Helleiner, a . . . → Read More: The Progressive Economics Forum: The Staple Theory @ 50: Gerry Helleiner

The Progressive Economics Forum: Staples @ 50: Duncan Cameron

We are nearing the end of our series of special commentaries celebrating the 50th anniversay of the 1963 publication of Mel Watkins’ classic article, “A Staple Theory of Economic Growth.” Here is a fascinating historical retrospective on the influence of Innis and Watkins on Canadian political-economy by Duncan Cameron, President of rabble.ca, former President of . . . → Read More: The Progressive Economics Forum: Staples @ 50: Duncan Cameron

The Progressive Economics Forum: Secular Stagnation

I have written a couple of pieces for Economy Lab in the Globe and Mail recently on the issue of secular stagnation. (Links below)

The term was coined by the pioneering American Keynesian Alvin Hansen who argued that the US economy of the late 1930s faced a long period of stagnation due to a chronic, . . . → Read More: The Progressive Economics Forum: Secular Stagnation

The Progressive Economics Forum: The Staple Theory @ 50: Marjorie Griffin Cohen

The latest entry in our continuing series of commentaries marking the 50th anniversary of the publication of Mel Watkins’ classic article, “A Staple Theory of Economic Growth,” we present the following contribution by Mel’s long-time collaborator, Marjorie Griffin Cohen. Marjorie considers the gender dimensions of staple analysis.

Staples Theory: Its Gendered Nature

Marjorie Griffin Cohen

. . . → Read More: The Progressive Economics Forum: The Staple Theory @ 50: Marjorie Griffin Cohen

The Progressive Economics Forum: The Staple Theory @ 50: Alberto Gago

Here is an entry from the Global South in our continuing series of commentaries marking the 50th anniversary of Mel Watkins’ classic article, “A Staple Theory of Economic Growth.” Dr. Alberto Daniel Gago teaches political economy at the National Universities of San Juan and Cuyo-Argentina. He is a long-time collaborator of Mel’s, and has written . . . → Read More: The Progressive Economics Forum: The Staple Theory @ 50: Alberto Gago

The Progressive Economics Forum: The Staple Theory @ 50: Daniel Poon

We continue our special series of commentaries marking the 50th anniversary of the publication of Mel Watkins’ classic article, “A Staple Theory of Economic Growth,” with the following contribution from Daniel Poon. Daniel is one of Canada’s leading experts on the theory and practice of industrial policy, and the successfull industrialization experience of East Asia. . . . → Read More: The Progressive Economics Forum: The Staple Theory @ 50: Daniel Poon