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A structured post-Keynesian reading list

This reading list provides introductory and advanced readings for those interested in post-Keynesian economics. The readings cover various topics and include journal articles, book chapters and books. The reading list is primarily intended for undergraduate and postgraduate students as well as for academics who wish to incorporate post-Keynesian economics into their teaching. The list has purposefully been kept short, but tries to give a broad overview of the richness of post-Keynesian economics. The reading list is structured by thematic headings and we suggest a few readings for each topic. The list is not comprehensive and unavoidably excludes some important readings. Additional valuable sources can be found in the reference lists of the suggested readings.

The reading list was last updated in April 2018.


Introduction

Introduction to post-Keynesian economics


Macroeconomics

Distribution and growth

Introductory

Advanced

Theoretical analyses

Empirical analyses

 

Unemployment

Introductory

King, J.E. (2001). ‘Labor and unemployment’, chapter 8 in Holt, R.P.F., Pressman, S. (eds), A New Guide to Post-Keynesian Economics. London and New York: Routledge.

Smith, R., Zoega, G. (2009). ‘Keynes, investment, unemployment and expectations’, International Review of Applied Economics, 23 (4), pp. 427-444.

Stockhammer, E (2011). ‘Wage norms, capital accumulation and unemployment: A post Keynesian view’,Oxford Review of Economic Policy, 27 (2), pp. 295–311.

 

Advanced

Davidson, P. (1998). ‘Post Keynesian employment analysis and the macroeconomics of OECD unemployment’, The Economic Journal, 108 (448), pp. 817-831.

Storm, S, Naastepad, C.W.M. (2007). ‘It is high time to ditch the NAIRU’, Journal of Post Keynesian Economics, 29 (4), pp. 531-554.

Stockhammer, E. (2008). ‘Is the NAIRU theory a monetarist, New Keynesian, Post Keynesian or a Marxist theory?’Metroeconomica, 59 (3), pp. 479-510.

Inflation

Introductory

Advanced

International economics

Introductory

Advanced

Economic policy

Introductory

Advanced

 

Stock-flow consistent modelling

 

Post-Keynesian economics and agent-based modelling

 


Finance

Monetary economics (including endogenous money)

Introductory

Advanced

  • Fullwiller, S.T. (2017). ‘Modern central bank operations: The general principles’, chapter 2 in Rochon, L.-P., Rossi, S. (eds), Advances in Endogenous Money Analysis, Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
  • Howells, P. (2006). ‘The endogeneity of money: Empirical evidence’, chapter 4 in Arestis, P., Sawyer, M. (eds), A Handbook of Alternative Monetary Economics, Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
  • Lavoie, M. (2014). ‘Credit, money and central banks’, chapter 4 in Lavoie, M., Post-Keynesian Economics: New Foundations. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
  • Setterfiled, M. (2017). ‘An essay on horizontalism, structuralism and historical time’, chapter 18 in Rochon, L.-P., Rossi, S. (eds), Advances in Endogenous Money Analysis, Cheltenham, UK and Northampton, MA, USA: Edward Elgar.

Financial crises

Introductory

Advanced

Financialisation

Introductory

Advanced


Other Key Areas

Microeconomics

Introductory

Advanced

Methodology and post-Keynesian economics

Introductory

 

Advanced

Critiques of mainstream approaches

Cambridge capital controversies

Post-Keynesian economics and other schools of thought

Post-Keynesian and development economics

Post-Keynesian and ecological economics

Gender and post-Keynesian economics

 

Social aspects and post-Keynesian economics

Arestis, P., Charles, A., Fontana, G. (2015). ‘Power, intergroup conflicts and social stratification in the United States: What has the Global Crisis Taught us?’, Review of Social Economy, 73 (4), pp. 370-387.

Dymski, G. (2005). ‘Financial globalization, social exclusion, and financial crisis’International Review of Applied Economics, 19 (4), pp. 439-457.

Dymski, G., Aldana, C.B. (2007). ‘The racial U-curve in U.S. residential credit markets in the 1990s: Empirical evidence from a Post Keynesian world’, chapter 4 in Holt, R. and Pressman, S. (eds), Empirical Post Keynesian Economics: Looking at the Real World. London and New York: Routledge.

Darity, W. Jr. (2002). ‘Racial/Ethnic Disparity and Economic Development’, chapter 7 in Davidson, P. (ed.),A Post Keynesian Perspective on Twenty-First Century Economic Problems. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.


Books

Classic books

 

Handbooks/companions

Introductory

  • Harcourt, G.C., Kriesler, P. (2013). The Oxford Handbook of Post-Keynesian Economics, Volume 1: Theory and Origins, New York: Oxford University Press.
  • Harcourt, G.C., Kriesler, P. (2013). The Oxford Handbook of Post-Keynesian Economics, Volume 2: Critiques and Methodology, New York: Oxford University Press.
  • King, J.E. (2012). The Elgar Companion to Post Keynesian Economics. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.

Advanced

 

Other books

Introductory

Advanced