Details about Duncan K. Foley
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Short-id: pfo220
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Working Papers
2020
- Three Comments on Storm “The Economics and Politics of Social Democracy: A Reconsideration”
Working Papers Series, Institute for New Economic Thinking
2018
- Demand Drives Growth all the Way
Ecological Economic Papers, WU Vienna University of Economics and Business View citations (2)
Also in SCEPA working paper series., Schwartz Center for Economic Policy Analysis (SCEPA), The New School (2017)  SCEPA working paper series., Schwartz Center for Economic Policy Analysis (SCEPA), The New School (2016) View citations (4)
2017
- Crisis and theoretical methods: equilibrium and disequilibrium once again
Working Papers, New School for Social Research, Department of Economics View citations (2)
- Economic Growth, Income Distribution, and Climate Change
SCEPA working paper series., Schwartz Center for Economic Policy Analysis (SCEPA), The New School 
Also in Ecological Economic Papers, WU Vienna University of Economics and Business (2017) 
See also Journal Article in Ecological Economics (2018)
- Information theory and behavior
Working Papers, New School for Social Research, Department of Economics View citations (1)
- Lectures on the Foundations of Applied Statistical Inference
Working Papers, New School for Social Research, Department of Economics
- Maximum Entropy Estimation of Statistical Equilibrium in Economic Quantal Response Models
Working Papers, New School for Social Research, Department of Economics View citations (4)
- Socialist alternatives to capitalism I: Marx to Hayek
Working Papers, New School for Social Research, Department of Economics 
See also Journal Article in Review of Evolutionary Political Economy (2020)
- Socialist alternatives to capitalism II: Vienna to Santa Fe
Working Papers, New School for Social Research, Department of Economics 
See also Journal Article in Review of Evolutionary Political Economy (2020)
2015
- An Integrated Approach to Climate Change, Income Distribution, Employment, and Economic Growth*
Ecological Economics Papers, Institute of Ecological Economics View citations (1)
Also in Ecological Economic Papers, WU Vienna University of Economics and Business (2015) View citations (1)
See also Journal Article in Ecological Economics (2016)
2014
- Varieties of Keynesianism
SCEPA working paper series., Schwartz Center for Economic Policy Analysis (SCEPA), The New School View citations (3)
See also Journal Article in International Journal of Political Economy (2014)
2013
- The Social Cost of Carbon Emissions
SCEPA policy note series., Schwartz Center for Economic Policy Analysis (SCEPA), The New School View citations (31)
2011
- Distribution and Capacity: Conceptual Issues and Empirical Evidence September
Working Papers, New School for Social Research, Department of Economics
- Dynamics of Output and Employment in the U.S. Economy
Working Papers, Political Economy Research Institute, University of Massachusetts at Amherst View citations (7)
Also in UMASS Amherst Economics Working Papers, University of Massachusetts Amherst, Department of Economics (2011) View citations (4)
See also Journal Article in Cambridge Journal of Economics (2013)
- WP 2011-4 Dynamics of Output and Employment in the U.S. Economy
SCEPA working paper series., Schwartz Center for Economic Policy Analysis (SCEPA), The New School View citations (2)
- WP 2011-5 The Political Economy of U.S. Output and Employment 2001–2010
SCEPA working paper series., Schwartz Center for Economic Policy Analysis (SCEPA), The New School
2009
- WP 2009-3 Global Warming and Economic Externalities
SCEPA working paper series., Schwartz Center for Economic Policy Analysis (SCEPA), The New School View citations (2)
2001
- Social Security in a Classical Growth Model
SCEPA working paper series., Schwartz Center for Economic Policy Analysis (SCEPA), The New School View citations (1)
See also Journal Article in Cambridge Journal of Economics (2004)
1995
- Where Do We Go from Here
Discussion Papers (REL - Recherches Economiques de Louvain), Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES)
1973
- Asset Management with Trading Uncertainty
Working papers, Massachusetts Institute of Technology (MIT), Department of Economics
See also Journal Article in Review of Economic Studies (1975)
1972
- A Supply Function Model of Aggregate Investment
Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations (1)
1971
- Unemployment and Price Dynamics in a Monetary-Fiscal Policy Model
Working papers, Massachusetts Institute of Technology (MIT), Department of Economics
1970
- Economic Equilibrium with Marketing Costs
Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations (1)
- On Replacing Capitalism
Working papers, Massachusetts Institute of Technology (MIT), Department of Economics
1968
- Optimal Fiscal Monetary Policy and Economic K. Growth
Working papers, Massachusetts Institute of Technology (MIT), Department of Economics
- Portfolio Choice, Investment, and Growth
Working papers, Massachusetts Institute of Technology (MIT), Department of Economics
See also Journal Article in American Economic Review (1970)
1967
- Lindahl's Solution and the Core of an Economy with Public Goods
Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations (2)
See also Journal Article in Econometrica (1970)
Journal Articles
2020
- Social coordination problems in classical and Marxian political economy
Review of Social Economy, 2020, 78, (1), 4-34 View citations (2)
- Socialist alternatives to capitalism I: Marx to Hayek
Review of Evolutionary Political Economy, 2020, 1, (3), 297-311 
See also Working Paper (2017)
- Socialist alternatives to capitalism II: Vienna to Santa Fe
Review of Evolutionary Political Economy, 2020, 1, (3), 313-328 
See also Working Paper (2017)
2019
- A classical-Marxian model of antebellum slavery
Cambridge Journal of Economics, 2019, 43, (1), 107-138
- Demand drives growth all the way: Goodwin, Kaldor, Pasinetti and the Steady State
Cambridge Journal of Economics, 2019, 43, (5), 1333-1352 View citations (8)
2018
- Economic Growth, Income Distribution, and Climate Change
Ecological Economics, 2018, 146, (C), 164-172 View citations (22)
See also Working Paper (2017)
- The Influence of the Review of Radical Political Economics: Insights on Selected Key Articles
Review of Radical Political Economics, 2018, 50, (3), 549-575
2016
- An integrated approach to climate change, income distribution, employment, and economic growth
Ecological Economics, 2016, 121, (C), 196-205 View citations (44)
See also Working Paper (2015)
2014
- Reply to Paul Davidson, Servaas Storm, and Lance Taylor
International Journal of Political Economy, 2014, 43, (1), 38-42
- Varieties of Keynesianism
International Journal of Political Economy, 2014, 43, (1), 4-19 View citations (3)
See also Working Paper (2014)
2013
- Dynamics of output and employment in the US economy
Cambridge Journal of Economics, 2013, 37, (5), 1077-1106 View citations (31)
See also Working Paper (2011)
- Rethinking Financial Capitalism and the “Information†Economy
Review of Radical Political Economics, 2013, 45, (3), 257-268 View citations (8)
- The social cost of carbon emissions: Seven propositions
Economics Letters, 2013, 121, (1), 90-97 View citations (30)
- Unhedgeable shocks and statistical economic equilibrium
Economic Theory, 2013, 52, (1), 187-235 View citations (2)
2012
- A NOTE ON THE CONCEPT OF APPROXIMATE EQUILIBRIUM IN ECONOMIC THEORY
New Mathematics and Natural Computation (NMNC), 2012, 08, (01), 95-100
- DISTRIBUTION AND CAPACITY UTILIZATION: CONCEPTUAL ISSUES AND EMPIRICAL EVIDENCE
Metroeconomica, 2012, 63, (1), 200-229 View citations (68)
- Dilemmas of Economic Growth
Eastern Economic Journal, 2012, 38, (3), 283-295 View citations (2)
- Global warming and economic externalities
Economic Theory, 2012, 49, (2), 329-351 View citations (78)
- Mathematical Formalism and Political-Economic Content
VOPROSY ECONOMIKI, 2012, 7 View citations (1)
2010
- Lineages of Crisis Economics from the 1930s: Keynes, Hayek, and Schumpeter
Eastern Economic Journal, 2010, 36, (4), 413-422 View citations (1)
- What's wrong with the fundamental existence and welfare theorems?
Journal of Economic Behavior & Organization, 2010, 75, (2), 115-131 View citations (6)
2009
- A NOTE ON THE FORMAL TREATMENT OF EXPLOITATION IN A MODEL WITH HETEROGENOUS LABOR
Metroeconomica, 2009, 60, (3), 560-567 View citations (36)
- Critical Political Economy: Complexity, Rationality, and the Logic of Post‐Orthodox Pluralism. By CHRISTIAN ARNSPERGER
Economica, 2009, 76, (303), 601-602
- Samuel Hollander, The Economics of Karl Marx: Analysis and Application (New York: Cambridge University Press, 2008), pp. xvi, 532. HB $130. ISBN 978-0-521-79078-9. PB $65, ISBN 978-0-521-79399-5
Journal of the History of Economic Thought, 2009, 31, (3), 400-404
- THE HISTORY OF ECONOMIC THOUGHT AND THE POLITICAL ECONOMIC EDUCATION OF DUNCAN FOLEY
Journal of the History of Economic Thought, 2009, 31, (1), 21-31 View citations (2)
2008
- COMMENT ON ‘THE STABILITY OF GENERAL INTERTEMPORAL EQUILIBRIUM: A NOTE ON SCHEFOLD’ BY SERGIO PARRINELLO
Metroeconomica, 2008, 59, (2), 313-316
- Classical thermodynamics and economic general equilibrium theory
Journal of Economic Dynamics and Control, 2008, 32, (1), 7-65 View citations (36)
- Masanao Aoki and Hiroshi Yoshikawa, Reconstructing Macroeconomics: A Perspective from Statistical Physics and Combinatorial Stochastic Processes, Cambridge University Press, Cambridge and New York (2007) 335Â +Â xviii pp., index, Price: $80.00, ISBN-13: 9780521831062, ISBN-10: 0521831067
Journal of Economic Behavior & Organization, 2008, 68, (1), 319-325
2007
- Crossing Hubbert's peak: Portfolio effects in a growth model with exhaustible resources
Structural Change and Economic Dynamics, 2007, 18, (2), 212-230 View citations (3)
- Response to Garegnani, Pivetti and Vianello
Review of Political Economy, 2007, 19, (2), 263-268
2006
- The Theology of Economics
Challenge, 2006, 49, (6), 103-112
2004
- Social security in a Classical growth model
Cambridge Journal of Economics, 2004, 28, (1), 1-20 View citations (20)
See also Working Paper (2001)
2003
- Endogenous technical change with externalities in a classical growth model
Journal of Economic Behavior & Organization, 2003, 52, (2), 167-189 View citations (58)
- Sraffa's legacy
Cambridge Journal of Economics, 2003, 27, (2), 225-238
2001
- Notes on Burgstaller's Property and Prices
Metroeconomica, 2001, 52, (2), 138-148
- The Production Function and Productivity: Comment
Journal of Economic Perspectives, 2001, 15, (3), 257-258 View citations (1)
- Value, Distribution and Capital: A review essay
Review of Political Economy, 2001, 13, (3), 365-381
2000
- Recent Developments in the Labor Theory of Value
Review of Radical Political Economics, 2000, 32, (1), 1-39 View citations (24)
- Stabilization of human population through economic increasing returns
Economics Letters, 2000, 68, (3), 309-317 View citations (11)
1999
- Productivity, Employment and Growth in European Integration
Metroeconomica, 1999, 50, (3), 277-300 View citations (6)
1998
- AN INTERVIEW WITH WASSILY LEONTIEF
Macroeconomic Dynamics, 1998, 2, (1), 116-140 View citations (7)
1997
- Book Review
Journal of Institutional and Theoretical Economics (JITE), 1997, 153, (3), 579-581
- Theory of production: A long-period analysis: Heinz D. Kurz and Neri Salvadori, (Cambridge University Press, Cambridge, 1995) pp xx+571, 59.95
Journal of Economic Behavior & Organization, 1997, 32, (2), 321-324
1996
- STATISTICAL EQUILIBRIUM IN A SIMPLE LABOR MARKET
Metroeconomica, 1996, 47, (2), 125-147 View citations (11)
1995
- Corrigendum
The Quarterly Journal of Economics, 1995, 110, (4), 1171
1994
- A Statistical Equilibrium Theory of Markets
Journal of Economic Theory, 1994, 62, (2), 321-345 View citations (143)
1993
- Reconstructing Marxism, by Wright Erik Olin, Levine Andrew, and Sober Elliot. London and New York: Verso, 1992, xii + 202 pages
Economics and Philosophy, 1993, 9, (2), 297-305
1992
- A Contribution to the Theory of Business Cycles
The Quarterly Journal of Economics, 1992, 107, (3), 1071-1088 View citations (12)
- Decentralized, dispersed exchange without an auctioneer: A simulation study
Journal of Economic Behavior & Organization, 1992, 18, (1), 27-51 View citations (48)
1989
- BOOK REVIEWS
Contributions to Political Economy, 1989, 8, (1), 109-112
- ROEMER ON MARX ON EXPLOITATION
Economics and Politics, 1989, 1, (2), 187-199 View citations (3)
1987
- Liquidity-profit rate cycles in a capitalist economy
Journal of Economic Behavior & Organization, 1987, 8, (3), 363-376 View citations (46)
1985
- ON PRICES OF PRODUCTION IN A GENERAL MODEL OF PRODUCTION
Contributions to Political Economy, 1985, 4, (1), 25-36 View citations (3)
- Say's law in Marx and Keynes
Cahiers d'Économie Politique, 1985, 10, (1), 183-194 View citations (1)
1983
- BOOK REVIEWS
Contributions to Political Economy, 1983, 2, (1), 104-108
1982
- Realization and accumulation in a Marxian model of the circuit of capital
Journal of Economic Theory, 1982, 28, (2), 300-319 View citations (39)
- The Value of Money the Value of Labor Power and the Marxian Transformation Problem
Review of Radical Political Economics, 1982, 14, (2), 37-47 View citations (111)
1978
- State expenditure from a Marxist perspective
Journal of Public Economics, 1978, 9, (2), 221-238 View citations (8)
1977
- On Two Specifications of Asset Equilibrium in Macroeconomic Models: Reply
Journal of Political Economy, 1977, 85, (2), 401-02
1975
- A note on the budget constraint in a model of borrowing
Journal of Economic Theory, 1975, 11, (2), 305-314 View citations (3)
- An Asset Price Model of Aggregate Investment
International Economic Review, 1975, 16, (3), 625-47 View citations (19)
- Asset Management with Trading Uncertainty
Review of Economic Studies, 1975, 42, (3), 327-346 View citations (31)
See also Working Paper (1973)
- On Two Specifications of Asset Equilibrium in Macroeconomic Models
Journal of Political Economy, 1975, 83, (2), 303-24 View citations (32)
- Problems vs. Conflicts: Economic Theory and Ideology
American Economic Review, 1975, 65, (2), 231-36 View citations (2)
1970
- Economic equilibrium with costly marketing
Journal of Economic Theory, 1970, 2, (3), 276-291 View citations (60)
- Lindahl's Solution and the Core of an Economy with Public Goods
Econometrica, 1970, 38, (1), 66-72 View citations (111)
See also Working Paper (1967)
- Portfolio Choice, Investment and Growth
American Economic Review, 1970, 60, (1), 44-63 View citations (24)
See also Working Paper (1968)
1969
- Optimal Fiscal and Monetary Policy and Economic Growth
Journal of Political Economy, 1969, 77, (4), 698-719 View citations (3)
Chapters
2016
- Value and price
Chapter 41 in Handbook on the History of Economic Analysis Volume III, 2016, pp 589-610
2010
- Hyman Minsky and the Dilemmas of Contemporary Economic Method
Chapter 9 in The Elgar Companion to Hyman Minsky, 2010 
Also in Chapter 3 in Financial Keynesianism and Market Instability, 2001 (2001) View citations (3)
- The Classical Theory of Growth and Distribution
Chapter 2 in Handbook of Alternative Theories of Economic Growth, 2010 View citations (4)
2007
- Karl Marx’s Theory of Money and Credit
Chapter 12 in A Handbook of Alternative Monetary Economics, 2007
2003
- Financial fragility in developing economies
Chapter 8 in Development Economics and Structuralist Macroeconomics, 2003 View citations (10)
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