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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 2023.


Introduction

Introduction to post-Keynesian economics


Macroeconomics

Distribution and growth

Introductory

Advanced

Theoretical analyses

Empirical analyses

Unemployment

Introductory

Advanced

Inflation

Introductory

Advanced

International economics

Introductory

Advanced

Economic policy

Introductory

 

Advanced

Supply-side and demand-side interactions

Stock-flow consistent modelling

Post-Keynesian macroeconomics and agent-based modelling

 


Development and structural change

Balance-of-payments constrained growth

Introductory

Advanced

Structural change and industrial policy

Introductory

Advanced


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.
  • Setterfield, 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

International finance

Introductory

Advanced


Other Key Areas

Microeconomics

Introductory

Advanced

Methodology

Introductory

Advanced

Critiques of mainstream approaches

Cambridge capital controversies

Post-Keynesian economics and other schools of thought

Development

Environment

Introductory

Advanced

Gender

Race

Income and wealth inequality

Growth regimes and comparative political economy


Books

Classic books

Handbooks/companions

Introductory

Advanced

Textbooks

Edited books

Monographs