Swedish wage-earner funds (WEFs) represented a distinctive form of socialization of investment intended to counter the dynamic inefficiency of capitalism and facilitate Post Keynesian economic policy.

The author of a paper in a previous issue of Journal of Post Keynesian Economics suggested that developments in behavioral finance might lead Post Keynesian economists to a new "general theory of ...

It seems to me that we are in the waning days of Keynesianism. On the one hand, people want to push their Keynesian tricks to the limit; on the other, people sense that it isn’t really working. One ...

Should the Federal Reserve emulate Canada in respect to the central bank's operating system? Marc Lavoie, a professor of economics at the University of Ottawa and the author of a recent article on the ...

This thesis critiques neoclassical economic theory. In each chapter, with the exception of the last two, I will examine a different neoclassical theory and reveal its lack of realism, and how said ...

I am, in my heart, a Keynesian. John Maynard Keynes did show that during bad economic times, a nation could and should borrow to stimulate the economy. It worked and helped America recover from the ...

Forbes contributors publish independent expert analyses and insights. Hersh Shefrin analyzes how psychology impacts markets and policy. John Maynard Keynes’ book The General Theory of Interest, ...

Members of the Greek extreme Right Wing Golden Dawn Party celebrates out of their office in Thessaloniki on May 6, 2012. (SAKIS MITROLIDIS/AFP/GETTY IMAGES) ANew Left is rising in Europe as the new ...

John Maynard Keynes once said that words should be used aggressively, "for they are the assault of thoughts on the unthinking." That's a starting point for an appreciation of Mervyn King, who will ...

The ultimate Neo-Keynesian and the ultimate Post-Keynesian are trading blows on their respective blogs right now. It all started two weeks ago when Steve Keen published claimed that Paul Krugman ...