RIP, Nina Shapiro

We mourn the loss of our dear friend and mentor Nina Shapiro, Professor of Economics at St. Peter’s College and a major contributor to the field of post-Keynesian economics since the 1970s. Nina passed away last week at the age of 71 from complications due to cancer. She is survived by her husband Richard Garrett, … More RIP, Nina Shapiro

New Book: Minsky’s Moment – An Insider’s View on the Economics of Hyman Minsky

By Piero Ferri. From Edward Elgar: Based upon his life-long collaboration with Hyman Minsky, Piero Ferri explores and reconsiders Minsky’s moments in the aftermath of the ‘Great Recession’ of 2008. He sets out the analytical and methodological foundations of Minsky’s financial instability hypothesis, offering insightful comments from a unique insider’s perspective. This book stresses the … More New Book: Minsky’s Moment – An Insider’s View on the Economics of Hyman Minsky

On the relation between workers and socialists

By Julio Huato, The following reflections were written in response to a question that a former student of mine asked me about my views on the relation between the workers and the socialist left. I also discussed — inter alia — the challenges of working-class organizing and some not properly recognized aspects of the Soviet legacy. The socialist left … More On the relation between workers and socialists

New book: The Elgar Companion to John Maynard Keynes

Edited by Robert W. Dimand and Harald Hagemann. From Edward Elgar: The most influential and controversial economist of the twentieth century, John Maynard Keynes was the leading founder of modern macroeconomics, and was also an important historical figure as a critic of the Versailles Peace Treaty after World War I and an architect of the … More New book: The Elgar Companion to John Maynard Keynes

Post-Crisis Capital Controls in the Periphery – Regaining Policy Space?

By  Ilias Alami, I have made the case for thinking politically about capital controls. This is particularly important, I argued, because on one hand, capital controls tend to be portrayed even by progressive economists as ready-made, neutral, technical measures, which fulfil similar objectives irrespective of where they are implemented; and on the other, because the … More Post-Crisis Capital Controls in the Periphery – Regaining Policy Space?

Struggles New and Old: Yellow Vests, the French Revolution and 21-Century Anti-Capitalism

By Keith Mann, For over three months now in France, the gilet jaune or yellow vest revolt has mounted one of the biggest and most sustained challenges to neo-liberal capitalism anywhere in recent years. The movement has shown remarkable staying power, mobilized large numbers of people, first in rural areas and then in the capital … More Struggles New and Old: Yellow Vests, the French Revolution and 21-Century Anti-Capitalism