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James Crotty (economist)
James R. Crotty (December 26, 1940 – January 9, 2023) was an American Post-Keynesian macroeconomist whose research in theory and policy attempts to integrate the complementary analytical strengths of the Marxian and Keynesian traditions. He has made contributions to the social structure of accumulation (SSA) theory; the implications of radical uncertainty for macro theory and theories of financial markets. Education Crotty got a degree from Fordham University in 1961 and masters from Carnegie-Mellon University in 1963. Crotty received his Ph.D. from Carnegie Mellon University in 1973. Career Crotty did Economist and Operations Research Analyst at Mellon National Bank and Trust Company from 1963 to 1966. He was assistant professor at State University of New York at Buffalo and Bucknell University between 1966–72 and 1972-74 respectively. After teaching at the University at Buffalo, The State University of New York and Bucknell University, he joined the Economics Departme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Post Keynesian Economics
Post-Keynesian economics is a school of economic thought with its origins in '' The General Theory'' of John Maynard Keynes, with subsequent development influenced to a large degree by Michał Kalecki, Joan Robinson, Nicholas Kaldor, Sidney Weintraub, Paul Davidson, Piero Sraffa, Jan Kregel and Marc Lavoie. Historian Robert Skidelsky argues that the post-Keynesian school has remained closest to the spirit of Keynes' original work. It is a heterodox approach to economics based on a non-equilibrium approach. Introduction The term "post-Keynesian" was first used to refer to a distinct school of economic thought by Eichner and Kregel (1975) and by the establishment of the ''Journal of Post Keynesian Economics'' in 1978. Prior to 1975, and occasionally in more recent work, ''post-Keynesian'' could simply mean economics carried out after 1936, the date of Keynes's ''General Theory''. Post-Keynesian economists are united in maintaining that Keynes' theory is seriously misrepresen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Neoclassical Economics
Neoclassical economics is an approach to economics in which the production, consumption, and valuation (pricing) of goods and services are observed as driven by the supply and demand model. According to this line of thought, the value of a good or service is determined through a hypothetical maximization of utility by income-constrained individuals and of profits by firms facing production costs and employing available information and factors of production. This approach has often been justified by appealing to rational choice theory. Neoclassical economics is the dominant approach to microeconomics and, together with Keynesian economics, formed the neoclassical synthesis which dominated mainstream economics as "neo-Keynesian economics" from the 1950s onward. Classification The term was originally introduced by Thorstein Veblen in his 1900 article "Preconceptions of Economic Science", in which he related marginalists in the tradition of Alfred Marshall ''et al.'' to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Goldman Sachs
The Goldman Sachs Group, Inc. ( ) is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in Lower Manhattan in New York City, with regional headquarters in many international financial centers. Goldman Sachs is the second-largest investment bank in the world by revenue and is ranked 55th on the ''Fortune'' 500 list of the largest United States corporations by total revenue. In the Forbes Global 2000 of 2024, Goldman Sachs ranked 23rd. It is considered a systemically important financial institution by the Financial Stability Board. Goldman Sachs offers services in investment banking (advisory for mergers and acquisitions and restructuring), securities underwriting, prime brokerage, asset management, and wealth management. It is a market maker for many types of financial products and provides clearing and custodian bank services. It operates private-equity funds and hedge funds. It structures complex and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Salon (magazine)
''Salon'' is an American Progressivism in the United States, politically progressive and Modern liberalism in the United States, liberal news and opinion website created in 1995. It publishes articles on U.S. politics, culture, and current events. Content and coverage ''Salon'' covers a variety of topics, including reviews and articles about books, films, and music; articles about "modern life", including friendships, human sexual behavior, and relationships; and reviews and articles about technology, with a particular focus on the free and open-source software (FOSS) movement. According to the senior contributing writer for the ''American Journalism Review'', Paul Farhi, ''Salon'' offers "provocative (if predictably liberal) political commentary and lots of sex." In 2008, ''Salon'' launched the interactive initiative ''Open Salon'', a social content site/blog network for its readers. Originally a curated site with some of its content being featured on ''Salon'', it fell in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Journal Of Economic Issues
The ''Journal of Economic Issues'' is an academic journal of economics. The current editor-in-chief is William Waller (Hobart and William Smith Colleges). It is published by Taylor & Francis on behalf of the Association for Evolutionary Economics The Association for Evolutionary Economics (AFEE) is an international organization of economists working in the Institutional economics, institutionalist and Evolutionary economics, evolutionary traditions of Thorstein Veblen, John R. Commons and We .... References External links * {{Official website, 1=https://www.tandfonline.com/loi/mjei20 Economics journals Quarterly journals English-language journals Academic journals established in 1967 Taylor & Francis academic journals Business and management journals ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Journal Of Economic Literature
The ''Journal of Economic Literature'' is a peer-reviewed academic journal, published by the American Economic Association, that surveys the academic literature in economics. It was established by Arthur Smithies in 1963 as the ''Journal of Economic Abstracts'',Journal of Economic Literature: About JEL , retrieved 6 May 2011. and is currently one of the highest ranked journals in economics. /ref> As a , it mainly features essays and reviews of recent economic theories (as opposed to the latest research). The |
Quarterly Journal Of Economics
''The Quarterly Journal of Economics'' is a peer-reviewed academic journal published by the Oxford University Press for the Harvard University Department of Economics. Its current editors-in-chief are Robert J. Barro, Lawrence F. Katz, Nathan Nunn, Andrei Shleifer, and Stefanie Stantcheva. History It is the oldest professional journal of economics in the English language, and second-oldest in any language after the . It covers all aspects of the field—from the journal's traditional emphasis on micro-theory to both empirical and theoretical macroeconomics. Reception According to the ''Journal Citation Reports'', the journal has a 2015 impact factor of 6.662, ranking it first out of 347 journals in the category "Economics". It is generally regarded as one of the top 5 journals in economics, together with the '' American Economic Review'', ''Econometrica'', the '' Journal of Political Economy'', and '' The Review of Economic Studies''. Notable papers Some of the most inf ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cambridge Journal Of Economics
The ''Cambridge Journal of Economics'' is a peer-reviewed academic journal of economics. The journal was founded in 1977 by the ''Cambridge Political Economy Society'' with the aim of publishing articles that followed the economic traditions established by Karl Marx, J. M. Keynes, Michał Kalecki, Joan Robinson, and Nicholas Kaldor. Luigi Pasinetti has noted the "strong ties" between the Cambridge Journal of Economics and the Cambridge School of Keynesian Economics. Abstracting and indexing The journal is abstracted and indexed in the Social Sciences Citation Index. According to the ''Journal Citation Reports'', the journal has a 2022 impact factor of 2.0. See also * List of economics journals The following is a list of scholarly journals in economics containing most of the prominent academic journals in economics. Popular magazines or other publications related to economics, finance, or business are not listed. A *''Affilia'' *''Af ... References External links ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Review Of Radical Political Economics
The ''Review of Radical Political Economics'' is a quarterly peer-reviewed academic journal published by SAGE Publishing on behalf of the Union for Radical Political Economics. It was established in 1968 and covers research on heterodox economics and political economy, broadly defined. The editor is Enid Arvidson (University of Texas at Arlington). Abstracting and indexing The journal is abstracted and indexed in the Social Sciences Citation Index. According to the ''Journal Citation Reports'', the journal has a 2017 impact factor of 0.579, ranking it 281st out of 353 journals in the category "Economics". See also * Radical political economics * ''Real-World Economics Review Real World or The Real World may also refer to: * Real life, a phrase to distinguish between the real world and fictional, virtual or idealized worlds * Reality * World * Existence Television * The Real World (TV series), ''The Real World'' (TV s ...'' References External links * Union for Radical Politi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Economic Review
The ''American Economic Review'' is a monthly peer-reviewed academic journal first published by the American Economic Association in 1911. The current editor-in-chief is Erzo FP Luttmer, a professor of economics at Dartmouth College. The journal is based in Pittsburgh. It is one of the " top five" journals in economics. In 2004, the ''American Economic Review'' began requiring "data and code sufficient to permit replication" of a paper's results, which is then posted on the journal's website. Exceptions are made for proprietary data. Until 2017, the May issue of the ''American Economic Review'', titled the ''Papers and Proceedings'' issue, featured the papers presented at the American Economic Association's annual meeting that January. After being selected for presentation, the papers in the ''Papers and Proceedings'' issue did not undergo a formal process of peer review. Starting in 2018, papers presented at the annual meetings have been published in a separate journal, '' AEA Pap ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monthly Review
The ''Monthly Review'' is an independent socialist magazine published monthly in New York City. Established in 1949, the publication is the longest continuously published socialist magazine in the United States. History Establishment Following the failure of the independent 1948 presidential campaign of Henry A. Wallace, two former supporters of the Wallace effort met at the farm in New Hampshire where one of them was living. The two men were literary scholar and Christian socialist F.O. "Matty" Matthiessen and Marxist economist Paul Sweezy, who were former colleagues at Harvard University. Matthiessen came into an inheritance after his father died in an automobile accident in California and had no pressing need for the money. Matthiessen made the offer to Sweezy to underwrite "that magazine weezyand Leo Huberman were always talking about," committing the sum of $5,000 per year for three years. Matthiessen's funds made the launch of ''Monthly Review'' possible, although th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rentier Class
Rentier capitalism is a concept in Marxist and heterodox economics to refer to rent-seeking and exploitation by companies in capitalist systems. The term was developed by Austrian social geographer Hans Bobek describing an economic system that was widespread in antiquity and still widespread in the Middle East, where productive investments are largely lacking and the highest possible share of income is skimmed off from ground-rents, leases and rents. Consequently, in many developing countries, rentier capitalism is an obstacle to economic development. A rentier is someone who earns income from capital without working. This is generally done through ownership of assets that generate yield (cash generated by assets), such as rental properties, shares in dividend-paying companies, or bonds that pay interest. Usage by Marxists Although the combination of words " rentier capitalism" was never used by Karl Marx himself, it is compatible with the Marxist idea of surplus value ext ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
