CUSP :verified:

Post Growth and the North-South Divide: a post-Keynesian stock-flow consistent analysis—New CUSP working paper by Dario Leoni, Andrew Jackson and
@ProfTimJackson
cusp.ac.uk/themes/s2/wp38

cc #PostGrowth #Degrowth #BeyondGrowth PostCorissance #Decroissance #Decrecimiento #Decrescenza #ProsperityWithoutGrowth #SystemDynamics #PostKeynesian #Globalisation #Growth #Transition #GlobalSouth #NorthSouthDivide

Colin Danby

Re-introducing (my first instance vanished): I'm an economist from U.Mass. Amherst teaching in an interdisciplinary unit at UW Bothell. I've written in #PostKeynesian and #Feministeconomics

Current research on race and economics late 19th and early 20th centuries is summarized here, with some working papers: sites.google.com/uw.edu/crises

#historyofthebody #historyofeugenics #historyofeconomics #historyofpsychology
#histodons

Colin Danby

Saxonism

sites.google.com
AusMMT

And should be understood in line with this:

“In fact, post-Keynesians argue that if full employment were reached, innovations will likely push back the natural frontier...” - Marc Lavoie: Intro to PK

#postkeynesian #hetecon #employment #ppf

AusMMT

and that largely addresses humanistic economics & social economic ideology from Sismondi to Lutz to #leftmmt #mmt #hetecon #postkeynesian

Economics for the Common Good #socialeconomics

AusMMT

Did you know we always used price controls to fight inflation?

The involuntary unemployed at a floor wage of $0 as one example.
The discount rate at a central bank as a ceiling for the ‘price’ of money as another.

Price controls are implicit in the economy, as are buffer stocks

#mmt #postkeynesian #hetecon

AusMMT

In some economic circles there are complaints about price controls saying they don’t work but price controls are everywhere right now & work correctly everyday.

Price controls are everywhere

Minimum wage
Bulk billing medicare
Reserve bank discount rate
Maximum penalty in a fine
Medication on the PBS
Concession Eligibility for PBS

Can you think of more?

Maybe

Minimum "award" wages
NDIS vouchers
HECS/HELP fees

#ozmmt #ausecon #econ #postkeynesian #mmt #econtwitter #econmastodon