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Details about Paul Davidson

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Homepage:http://econ.bus.utk.edu/davidson.html
Phone:561-676-1633
Postal address:21 Stratford DRive Unit D Boynton Beach, Florida 33436

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Last updated 2019-10-08. Update your information in the RePEc Author Service.

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Working Papers

2008

  1. How To Solve The U.S. Housing Problem And Avoid A Recession: A Revived HOLC And RTC
    SCEPA policy note series. SCEPA's main areas of research are macroeconomic policy, inequality and poverty, and globalization., Schwartz Center for Economic Policy Analysis (SCEPA), The New School Downloads View citations (1)
    Also in MPRA Paper, University Library of Munich, Germany (2008) Downloads View citations (1)

2005

  1. Is a Declining Dollar Good for Either the U.S. Economy or The Global Ecnomy?
    International Trade, University Library of Munich, Germany Downloads

Undated

  1. Full Employment, Open Economy Macroeconomics, and Keynes’ General Theory: Does the Swan Diagram Suffice?
    Working Papers Series, Institute for New Economic Thinking Downloads

Journal Articles

2016

  1. Rejoinder to Rosser, O'Donnell, and Carrión Álvarez and Ehnts on their criticisms of my ergodic/nonergodic formulation of Keynes's concept of an actuarial certain future vs. an uncertain future
    Journal of Post Keynesian Economics, 2016, 39, (3), 308-333 Downloads

2015

  1. A rejoinder to O'Donnell's critique of the ergodic/nonergodic explanation of Keynes's concept of uncertainty
    Journal of Post Keynesian Economics, 2015, 38, (1), 1-18 Downloads
  2. What was the primary factor encouraging mainstream economists to marginalize post Keynesian theory?
    Journal of Post Keynesian Economics, 2015, 37, (3), 369-383 Downloads

2014

  1. Foley's Follies
    International Journal of Political Economy, 2014, 43, (1), 20-26 Downloads

2013

  1. Aging Population, Health-Care Costs, and the National Debt
    Challenge, 2013, 56, (4), 22-25 Downloads
  2. Income inequality and hollowing out the middle class
    Journal of Post Keynesian Economics, 2013, 36, (2), 381-384 Downloads View citations (3)

2012

  1. Is risk management a science?
    Journal of Post Keynesian Economics, 2012, 35, (2), 301-312 Downloads
  2. Post-Keynesian Theory and a Policy for Managing Financial Market Instability and its Relevance to the Great Recession
    Ekonomi-tek - International Economics Journal, 2012, 1, (3), 1-24 Downloads

2010

  1. Behavioral economists should make a turn and learn from Keynes and Post Keynesian economics
    Journal of Post Keynesian Economics, 2010, 33, (2), 251-254 Downloads View citations (4)
  2. Black swans and Knight's epistemological uncertainty: are these concepts also underlying behavioral and post-Walrasian theory?
    Journal of Post Keynesian Economics, 2010, 32, (4), 567-570 Downloads View citations (4)
  3. Making dollars and sense of the U.S. government debt
    Journal of Post Keynesian Economics, 2010, 32, (4), 661-666 Downloads View citations (5)
  4. The ‘Uncertain’ Foundations of Post Keynesian Economics. By STEPHEN P. DUNN
    Economica, 2010, 77, (307), 605-608 Downloads

2009

  1. Alternative Explanations of the Operation of a Capitalist Economy
    Challenge, 2009, 52, (6), 5-28 Downloads View citations (3)
  2. Can future systemic financial risks be quantified? Ergodic vs nonergodic stochastic processes
    Brazilian Journal of Political Economy, 2009, 29, (4) Downloads
  3. Reply to contributors to the discussion of the central themes of >i>John Maynard Keynes>/i>
    Journal of Post Keynesian Economics, 2009, 32, (1), 73-81 Downloads

2008

  1. Crude Oil Prices
    Challenge, 2008, 51, (4), 110-118 Downloads View citations (28)
  2. Is the current financial distress caused by the subprime mortgage crisis a Minsky moment? or is it the result of attempting to securitize illiquid noncommercial mortgage loans?
    Journal of Post Keynesian Economics, 2008, 30, (4), 669-676 Downloads View citations (20)
  3. J.K. Galbraith and the Nature of Modern Money
    Review of Political Economy, 2008, 20, (4), 501-526 Downloads
  4. La creación de una agencia federal de refinanciación de hipotecas para evitar una recesión en Estados Unidos
    EKONOMIAZ. Revista vasca de Economía, 2008, 67, (01), 372-391 Downloads
  5. Post World War II politics and Keynes?s aborted revolutionary economic theory
    Revista Economia e Sociedade, 2008, 35, 20 Downloads
  6. Reviving the home owners' loan corporation to avoid a recession in USA
    EKONOMIAZ. Revista vasca de Economía, 2008, 67, (01), 372-391 Downloads
  7. Securitization, Liquidity, and Market Failure
    Challenge, 2008, 51, (3), 43-56 Downloads View citations (5)
  8. Understanding Keynes: A Response to Spahn's Review of 'John Maynard Keynes'
    European Journal of Economics and Economic Policies: Intervention, 2008, 5, (2), 287-294 Downloads

2007

  1. Are we making progress toward a civilized society?
    Journal of Post Keynesian Economics, 2007, 29, (3), 521-528 Downloads

2006

  1. "We have to change the rules". Interview with Professor Paul Davidson
    European Journal of Economics and Economic Policies: Intervention, 2006, 3, (1), 7-15 Downloads
  2. Can, or should, a central bank inflation target?
    Journal of Post Keynesian Economics, 2006, 28, (4), 689-703 Downloads View citations (17)
  3. The Post Keynesian School
    VOPROSY ECONOMIKI, 2006, 8 View citations (6)
  4. The declining dollar, global economic growth, and macro stability
    Journal of Post Keynesian Economics, 2006, 28, (3), 473-493 Downloads View citations (4)

2005

  1. Galbraith and the Post Keynesians
    Journal of Post Keynesian Economics, 2005, 28, (1), 103-113 Downloads View citations (1)
  2. Responses to Lavoie, King, and Dow on what Post Keynesianism is and who is a Post Keynesian
    Journal of Post Keynesian Economics, 2005, 27, (3), 393-408 Downloads View citations (10)

2004

  1. A Post Keynesian view of the Washington consensus and how to improve it
    Journal of Post Keynesian Economics, 2004, 27, (2), 208-230 Downloads View citations (8)
  2. The future of the international financial system
    Journal of Post Keynesian Economics, 2004, 26, (4), 591-605 Downloads View citations (6)

2003

  1. Are Fixed Exchange Rates the Problem and Flexible Exchange Rates the Cure?
    Eastern Economic Journal, 2003, 29, (2), 259-268 Downloads View citations (2)
  2. Is "mathematical science" an oxymoron when used to describe economics?
    Journal of Post Keynesian Economics, 2003, 25, (4), 527-545 Downloads View citations (3)
  3. Setting the record straight on A history of Post Keynesian economics
    Journal of Post Keynesian Economics, 2003, 26, (2), 245-272 Downloads View citations (10)
  4. ¿Qué es erróneo en el concenso de Washington y qué debemos hacer?
    Revista Cuadernos de Economía, 2003 Downloads
    Also in Revista Cuadernos de Economía, 2003 (2003) Downloads

2002

  1. Globalization
    Journal of Post Keynesian Economics, 2002, 24, (3), 475-492 Downloads View citations (1)
  2. Keynes versus Kalecki: Responses to Lopez and Kriesler
    Journal of Post Keynesian Economics, 2002, 24, (4), 631-641 Downloads View citations (2)
  3. Restating the purpose of the JPKE after 25 years
    Journal of Post Keynesian Economics, 2002, 25, (1), 3-7 Downloads View citations (2)

2001

  1. The Principle of Effective Demand: Another View
    Journal of Post Keynesian Economics, 2001, 23, (3), 391-409 Downloads View citations (5)

2000

  1. Is a Plumber or a New Financial Architect Needed to End Global International Liquidity Problems?
    World Development, 2000, 28, (6), 1117-1131 Downloads View citations (1)
  2. LDCs, Institutions, and Money: A Response to Danby
    Journal of Post Keynesian Economics, 2000, 22, (3), 423-426 Downloads
  3. Liquidity vs. efficiency in liberalized international financial markets: a warning to developing economies
    Brazilian Journal of Political Economy, 2000, 20, (3) Downloads View citations (3)
  4. There Are Major Differences between Kalecki’s Theory of Employment and Keynes’s General Theory of Employment Interest and Money
    Journal of Post Keynesian Economics, 2000, 23, (1), 3-25 Downloads View citations (4)

1999

  1. Editor’s Corner
    Journal of Post Keynesian Economics, 1999, 21, (3), 523-524 Downloads
  2. Keynes’ Principle of Effective Demand versus the Bedlam of the New Keynesians
    Journal of Post Keynesian Economics, 1999, 21, (4), 571-588 Downloads
  3. Taxonomy, Communication, and Rhetorical Strategy
    Journal of Post Keynesian Economics, 1999, 22, (1), 125-129 Downloads View citations (2)

1998

  1. Post Keynesian Employment Analysis and the Macroeconomics of OECD Unemployment
    Economic Journal, 1998, 108, (448), 817-31 Downloads View citations (12)
  2. Twenty Years Old and Growing Stronger Every Day
    Journal of Post Keynesian Economics, 1998, 21, (1), 3-10 Downloads

1997

  1. A Platform for Nobel Laureate William Vickrey
    Journal of Post Keynesian Economics, 1997, 19, (4), 493-494 Downloads
  2. Are Grains of Sand in the Wheels of International Finance Sufficient to Do the Job When Boulders Are Often Required?
    Economic Journal, 1997, 107, (442), 671-86 Downloads View citations (30)
  3. Introduction
    Journal of Post Keynesian Economics, 1997, 19, (3), 311-312 Downloads View citations (1)
  4. Introduction
    Journal of Post Keynesian Economics, 1997, 20, (1), 3-5 Downloads

1996

  1. Reality and Economic Theory
    Journal of Post Keynesian Economics, 1996, 18, (4), 479-508 Downloads View citations (38)
  2. The Coming of Keynesianism to America: Conversations with the Founders of Keynesian Economics
    Journal of Economic Issues, 1996, 30, (4), 1202-1206 Downloads
  3. What Revolution? The Legacy of Keynes
    Journal of Post Keynesian Economics, 1996, 19, (1), 47-60 Downloads

1995

  1. Introduction
    Journal of Post Keynesian Economics, 1995, 18, (2), 157-158 Downloads

1994

  1. Do Informational Frictions Justify Federal Credit Programs?: Comment
    Journal of Money, Credit and Banking, 1994, 26, (3), 545-51 Downloads View citations (2)
  2. Introduction
    Journal of Post Keynesian Economics, 1994, 17, (2), 185-186 Downloads

1993

  1. Introduction
    Journal of Post Keynesian Economics, 1993, 15, (3), 303-303 Downloads
  2. The Elephant and the Butterfly
    Journal of Post Keynesian Economics, 1993, 15, (3), 309-322 Downloads View citations (6)

1992

  1. Introduction
    Journal of Post Keynesian Economics, 1992, 14, (4), 423-423 Downloads
  2. Introduction
    Journal of Post Keynesian Economics, 1992, 15, (2), 151-151 Downloads
  3. Keynes’s General Theory and Accumulation
    Journal of Economic Issues, 1992, 26, (4), 1294-1298 Downloads
  4. Reforming the World’s Money
    Journal of Post Keynesian Economics, 1992, 15, (2), 153-179 Downloads View citations (2)
  5. Response [Is Probability Theory Relevant for Uncertainty? A Post Keynesian Perspective]
    Journal of Economic Perspectives, 1992, 6, (1), 206-08
  6. Would Keynes Be a New Keynesian?
    Eastern Economic Journal, 1992, 18, (4), 449-463 Downloads View citations (3)

1991

  1. Is Probability Theory Relevant for Uncertainty? A Post Keynesian Perspective
    Journal of Economic Perspectives, 1991, 5, (1), 129-143 Downloads View citations (81)

1990

  1. A Post Keynesian Positive Contribution to “Theory”
    Journal of Post Keynesian Economics, 1990, 13, (2), 298-303 Downloads View citations (1)
  2. Comment
    Journal of Post Keynesian Economics, 1990, 13, (2), 172-174 Downloads

1989

  1. Achieving a Civilized Society
    Challenge, 1989, 32, (5), 40-46 Downloads
  2. Corrected Version of: Patinkin's Interpretation of Keynes and the Keynesian cross
    History of Political Economy, 1989, 21, (4), 723-736 Downloads
  3. Introduction
    Journal of Post Keynesian Economics, 1989, 11, (2), 173-173 Downloads
  4. On the Endogeneity of Money Once More
    Journal of Post Keynesian Economics, 1989, 11, (3), 488-490 Downloads View citations (1)
  5. Only in America: Neither the Homeless Nor the Yachtless are Economic Problems
    Journal of Post Keynesian Economics, 1989, 12, (1), 164-166 Downloads
  6. Patinkin's interpretation of Keynes and the Keynesian cross
    History of Political Economy, 1989, 21, (3), 549-553 Downloads

1988

  1. A Technical Definition of Uncertainty and the Long-run Non-neutrality of Money
    Cambridge Journal of Economics, 1988, 12, (3), 329-37 View citations (18)

1987

  1. A Modest Set of Proposals for Resolving the International Debt Problem
    Journal of Post Keynesian Economics, 1987, 10, (2), 323-338 Downloads
  2. Introduction
    Journal of Post Keynesian Economics, 1987, 10, (1), 123-123 Downloads
  3. Sensible Expectations and the Long-Run Non-Neutrality of Money
    Journal of Post Keynesian Economics, 1987, 10, (1), 146-153 Downloads View citations (4)

1986

  1. Finance, Funding, Saving, and Investment
    Journal of Post Keynesian Economics, 1986, 9, (1), 101-110 Downloads View citations (17)
  2. The Simple Macroeconomics of a Nonergodic Monetary Economy versus a Share Economy: Is Weitzman’s Macroeconomics Too Simple?
    Journal of Post Keynesian Economics, 1986, 9, (2), 212-225 Downloads View citations (1)

1985

  1. Can Effective Demand and the Movement Toward Further Income Equality be Maintained in the Face of Robotics? An Introduction
    Journal of Post Keynesian Economics, 1985, 7, (3), 422-425 Downloads
  2. Introduction
    Journal of Post Keynesian Economics, 1985, 7, (3), 350-351 Downloads
  3. Liquidity and Not Increasing Returns is the Ultimate Source of Unemployment Equilibrium
    Journal of Post Keynesian Economics, 1985, 7, (3), 373-384 Downloads View citations (1)
  4. Sidney Weintraub—An Economist of the Real World
    Journal of Post Keynesian Economics, 1985, 7, (4), 533-539 Downloads

1984

  1. Reviving Keynes’s Revolution
    Journal of Post Keynesian Economics, 1984, 6, (4), 561-575 Downloads View citations (14)

1983

  1. An Appraisal of Weintraub's Work
    Eastern Economic Journal, 1983, 9, (4), 291-294 Downloads
  2. The Dubious Labor Market Analysis in Meltzer's Restatement of Keynes' Theory
    Journal of Economic Literature, 1983, 21, (1), 52-56 Downloads View citations (2)
  3. The Marginal Product Curve Is Not the Demand Curve for Labor and Lucas’s Labor Supply Function Is Not the Supply Curve for Labor in the Real World
    Journal of Post Keynesian Economics, 1983, 6, (1), 105-117 Downloads View citations (7)

1982

  1. Book Review - An Economic Analysis of World Energy Problems
    The Energy Journal, 1982, Volume 3, (Number 2) Downloads
  2. Rational Expectations: A Fallacious Foundation for Studying Crucial Decision-Making Processes
    Journal of Post Keynesian Economics, 1982, 5, (2), 182-198 Downloads View citations (6)

1981

  1. Can VAT Resolve the Shortage of Savings (SOS) Distress? [with Rejoinder]
    Journal of Post Keynesian Economics, 1981, 4, (1), 51-62 Downloads

1980

  1. Causality in Economics: A Review
    Journal of Post Keynesian Economics, 1980, 2, (4), 576-584 Downloads
  2. Money as a Factor of Production: Ultimate Neoclassical Heresy or Keynesian Insight? [with Rejoinder]
    Journal of Post Keynesian Economics, 1980, 2, (2), 273-282 Downloads View citations (1)
  3. On Bronfenbrenner and Mainstream Views of the "Essential Properties" of Money: A Reply
    Journal of Post Keynesian Economics, 1980, 2, (3), 314-318 Downloads
  4. The Dual-Faceted Nature of the Keynesian Revolution: Money and Money Wages in Unemployment and Production Flow Prices
    Journal of Post Keynesian Economics, 1980, 2, (3), 291-307 Downloads View citations (3)

1979

  1. The Economics of Natural Resources
    Challenge, 1979, 22, (1), 40-46 Downloads
  2. The United States Internal Revenue Service: Fourteenth Member of OPEC?
    Journal of Post Keynesian Economics, 1979, 1, (2), 47-58 Downloads
    Also in Journal of Post Keynesian Economics, 1978, 1, (2), 47-58 (1978) Downloads
  3. What Is the Energy Crisis
    Challenge, 1979, 22, (3), 41-46 Downloads

1978

  1. Why Money Matters: Lessons from a Half-Century of Monetary Theory
    Journal of Post Keynesian Economics, 1978, 1, (1), 46-70 Downloads View citations (8)

1977

  1. Disequilibrium Market Adjustment: Marshall Revisited: A Rejoinder
    Economic Inquiry, 1977, 15, (2), 305-07

1974

  1. Disequilibrium Market Adjustment: Marshall Revisited
    Economic Inquiry, 1974, 12, (2), 146-58
  2. Oil: Its Time Allocation and Project Independence
    Brookings Papers on Economic Activity, 1974, 5, (2), 411-448 Downloads View citations (3)

1973

  1. Money as Cause and Effect
    Economic Journal, 1973, 83, (332), 1117-32 Downloads View citations (10)

1972

  1. A Keynesian View of Friedman's Theoretical Framework for Monetary Analysis
    Journal of Political Economy, 1972, 80, (5), 864-82 Downloads View citations (8)
  2. Money and the Real World
    Economic Journal, 1972, 82, (325), 101-15 Downloads View citations (218)

1969

  1. A Keynesian View of Patinkin's Theory of Employment: A Rejoinder
    Economic Journal, 1969, 79, (313), 181-82 Downloads View citations (1)
  2. A Keynesian View of the Relationship between Accumulation, Money and the Money Wage-Rate
    Economic Journal, 1969, 79, (314), 300-323 Downloads

1967

  1. THE IMPORTANCE OF THE DEMAND FOR FINANCE
    Oxford Economic Papers, 1967, 19, (2), 245-252 Downloads View citations (1)

1965

  1. KEYNES'S FINANCE MOTIVE
    Oxford Economic Papers, 1965, 17, (1), 47-65 Downloads View citations (8)

Books

2017

  1. Who's Afraid of John Maynard Keynes?
    Springer Books, Springer

2015

  1. Post Keynesian Theory and Policy
    Books, Edward Elgar Publishing Downloads View citations (1)

2011

  1. Post Keynesian Macroeconomic Theory, Second Edition
    Books, Edward Elgar Publishing Downloads View citations (9)

2002

  1. Financial Markets, Money and the Real World
    Books, Edward Elgar Publishing Downloads View citations (29)

1994

  1. POST KEYNESIAN MACROECONOMIC THEORY
    Books, Edward Elgar Publishing Downloads View citations (57)

1991

  1. Controversies in Post Keynesian Economics
    Books, Edward Elgar Publishing Downloads View citations (24)

Edited books

2002

  1. A Post Keynesian Perspective on Twenty-First Century Economic Problems
    Books, Edward Elgar Publishing Downloads View citations (1)

1999

  1. Full Employment and Price Stability in a Global Economy
    Books, Edward Elgar Publishing Downloads View citations (2)

1997

  1. Improving the Global Economy
    Books, Edward Elgar Publishing Downloads

1994

  1. EMPLOYMENT, GROWTH AND FINANCE
    Books, Edward Elgar Publishing Downloads

1991

  1. Economic PROBLEMS OF THE 1990s
    Books, Edward Elgar Publishing Downloads View citations (3)

1989

  1. Macroeconomic Problems and Policies of Income Distribution
    Books, Edward Elgar Publishing Downloads View citations (1)

Chapters

2007

  1. Keynes and Money
    Chapter 9 in A Handbook of Alternative Monetary Economics, 2007 Downloads

2006

  1. A Framework for Analysing Dollarization
    Chapter 13 in Monetary Integration and Dollarization, 2006 Downloads View citations (1)
  2. Exogenous versus Endogenous Money: The Conceptual Foundations
    Chapter 7 in Complexity, Endogenous Money and Macroeconomic Theory, 2006 Downloads
  3. Keynes, Post Keynesian Analysis, and the Open Economies of the Twenty-First Century
    Chapter 4 in Growth and Economic Development, 2006 Downloads

2002

  1. Policies for fighting speculation in foreign exchange markets: the Tobin tax versus Keynes's views
    Chapter 12 in Post Keynesian Econometrics, Microeconomics and the Theory of the Firm, 2002 Downloads
 
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