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King’s College, University of London. Professor Paul Davidson. Founding Co-editor: Journal of Post Keynesian Economics. ... Lancaster University. Affiliated Institutions. Center for Development and Regional Planning (Department of Applied Economics V,

economics, are unreliable. But the same is not obviously true of lay theorising. ... modern economics, for example, is shared, encouraging Axel Leijonhufvud [1973] to talk of.

risks. Neoclassical economics recognises environmental degradation as a classic example of an externality and frames its response in terms of correcting that market failure, but the limitations of its marginal ... This seminar explores the role that the

21 December 2020. New C-EENRG Working Paper 2020-05 A Post-Keynesian approach to modelling the economic effects of Covid-19 and possible recovery plans by Hector Pollitt, Richard Lewney, ... However, conventional macroeconomic theory and models have

This isnot a new theoretical approach. In point of fact, it is at the roots of both Schumpeterian(Schumpeter, 1934, 1939) and Keynesian (Keynes, 1936) forms of demand-led economics. ... Apost-Schumpeterian or post-Keynesian perspective also allows for

His interests are regional economics, post Keynesian macroeconomics, the causes of variations in national and regional growth rates, income inequality, trade and economic geography and the methodological implications for macroeconomics of

philosophical pedigree of welfare economics going back to 18th century, through which much. ... Basic welfare economics principles, as applied in finance ministries, are most useful when.