Review of Political Economy

1997 - 2025

Current editor(s): Steve Pressman and Louis-Philippe Rochon

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Volume 28, issue 4, 2016

Angus Deaton’s Nobel Prize for Confronting Theory with Facts pp. 467-487

Markus Schneider

What Happened to Kapp’s Theory of Social Costs? A Case of Metatheoretical Dispute and Dissent in Economics pp. 488-503

Vítor Neves

Good Judgment, Good Luck: Frank Fetter’s Neglected Theory of Entrepreneurship pp. 504-522

Matthew McCaffrey

Long-run Effective Demand in the US Economy: An Empirical Test of the Sraffian Supermultiplier Model pp. 523-544

Daniele Girardi and Riccardo Pariboni

Exchange Rate, Income Distribution and Technical Change in a Balance-of-Payments Constrained Growth Model pp. 545-565

Rafael Ribeiro, John McCombie and Gilberto Lima

Depreciated Depreciation Methods? Alternatives to Sraffa’s Take on Fixed Capital pp. 566-589

Jan Keil

Fiscal Policy, Monetary Policy and the Mechanics of Modern Clearing and Settlement Systems pp. 590-608

Brett Fiebiger

Endogenous Money, Fiscal Policy, Interest Rates and the Exchange Rate Regime: Correction pp. 609-611

John Smithin

Understanding Piketty’s capital in the twenty-first century pp. 612-618

Jamie Morgan

Europe in Question and What to Do about It pp. 618-622

Jan Toporowski

Bankocracy pp. 622-624

Collin G. Matton

The Metaphysics of Capitalism pp. 624-629

Charles McCann

Crisis and Cycles in Economic Dictionaries and Encyclopaedias pp. 630-631

Matías Vernengo

A Note of Thanks pp. 632-632

The Editors

Editorial Board pp. ebi-ebi

The Editors

Volume 28, issue 3, 2016

Aggregate demand, sunk costs and discontinuous adjustments in an amended new consensus model pp. 313-335

Federico Bassi

Ecological Political Economy: Towards a Strategic-Relational Approach pp. 336-353

Noah Quastel

Rethinking the Financialisation of Non-Financial Corporations: A Reappraisal of US Empirical Data pp. 354-379

Brett Fiebiger

The Greek economic crisis: causes and alternative policies pp. 380-396

Lefteris Tsoulfidis, Constantinos Alexiou and Persefoni Tsaliki

The effect of political factors on sovereign default pp. 397-416

Sherry Yu

Methodological institutionalism as a transformation of structural econometrics pp. 417-425

Marcel Boumans

Transforming structural econometrics: substantive vs. statistical premises of inference pp. 426-437

Aris Spanos

Econometrics and equilibrium models pp. 438-447

Lawrence Boland

Modeling and Measuring Economic Reality: Reply to the Reviews pp. 448-463

Edward J. Nell and Karim Errouaki

Finding Time: The Economics of Work–Life Conflict pp. 464-466

Katherine A. Moos

Volume 28, issue 2, 2016

Frederic Lee and Post-Keynesian Pricing Theory pp. 169-186

Marc Lavoie

Symposium on Piketty's Capital: An Introduction pp. 187-189

Steven Pressman

A Post-Keynesian Response to Piketty's ‘Fundamental Contradiction of Capitalism’ pp. 190-204

Javier López-Bernardo, Félix López-Martínez and Engelbert Stockhammer

Capitalists, Workers and Thomas Piketty's pp. 205-219

Thomas Michl

Thomas Piketty's Historical Macroeconomics: A Critical Analysis pp. 220-232

Gérard Duménil and Dominique Lévy

Devaluation and Marx's Law of the tendential fall in the rate of profit pp. 233-250

Peter Jones

The Cambridge capital controversies: contributions from the complex plane pp. 251-269

Michael Osborne and Ian Davidson

Development as leapfrogging, not convergence, not catch-up: towards schumpeterian theories of finance and development pp. 270-288

Leonardo Burlamaqui and Rainer Kattel

A Micro-Approach for Testing Marx's LTRPF: Evidence from Greece, 2000 and 2009 pp. 289-306

Antonios Patidis

Microfoundations: a personal historical note pp. 307-308

Geoffrey Harcourt

Contending Economic Theories: Neoclassical, Keynesian and Marxian pp. 309-312

Stavros Mavroudeas

Volume 28, issue 1, 2016

A World of Contrasted but Interdependent Inequality Regimes: The Latin America Paradox pp. 1-22

Robert Boyer

Jean Tirole, Nobel Prize Winner pp. 23-44

Mika Kato

Inequality, Debt Servicing and the Sustainability of Steady State Growth pp. 45-63

Mark Setterfield, Yk Kim and Jeremy Rees

Endogenous Money, Fiscal Policy, Interest Rates and the Exchange Rate Regime: A Comment on Palley, Tymoigne and Wray pp. 64-78

John Smithin

A note on the sustainability of full employment in the presence of budget deficits pp. 79-89

Claudio Sardoni

Microfoundations: Introduction pp. 90-91

Jan Toporowski and Andy Denis

Microfoundations, Minsky and Classical Political Economy pp. 92-98

Jan Toporowski

On Microfoundations and Keynes’ Economics pp. 99-112

Victoria Chick

The Microfoundations of Austrian Economics through a New Classical Theoretical Lens pp. 113-133

Anthony Evans and Paul Dragos Aligica

Microfoundations pp. 134-152

Andy Denis

Microfoundations, Methodological Individualism and Alternative Economic Visions pp. 153-167

Alessandro Vercelli

Volume 27, issue 4, 2015

A World of Contrasted but Interdependent Inequality Regimes: China, United States and the European Union pp. 481-517

Robert Boyer

Is Economics Responding to Critique? What do the UK 2015 QAA Subject Benchmarks Indicate? pp. 518-538

Jamie Morgan

Valuing Nature: Connecting Eco-Economy and the Capability Approach pp. 539-564

Bo Alles�e Christensen

The Keynesian Features of Graziani's Monetary Theory of Production and Some Unresolved Issues pp. 565-584

Guglielmo Forges DavanzatI, Andrea Pacella and Rosario Patalano

An Archaeology of Adam Smith's Epistemic Context pp. 585-605

Iara Vigo de Lima and Danielle Guizzo

Economic Calculation: Private Property or Several Control? pp. 606-623

Andy Denis

Entrepreneurial Miscalculation and Business Cycles: How Interest Rate Targeting Distorts Capital Budgeting pp. 624-644

Gabriel A. Gim�nez Roche, Albert Lwango and Guillaume Vuillemey

Historical Materialism and Democratic Firm Management pp. 645-665

Bruno Jossa

A Note on Reswitching and Intertemporal Prices pp. 666-678

Saverio Fratini

The Fissured Workplace: Why Work Became So Bad for So Many and What Can Be Done to Improve It pp. 679-682

Matthew Cole

Casualties of Credit: The English Financial Revolution, 1620-1720 pp. 682-685

Antonio Bianco

The Society of Equals pp. 685-689

Ramzi Mabsout

Volume 27, issue 3, 2015

Growth Rate and Level Effects, the Stability of the Adjustment of Capacity to Demand and the Sraffian Supermultiplier pp. 258-281

Fabio Freitas and Franklin Serrano

Studying Growth in the Modern Classical Approach: Theoretical and Empirical Implications for the Analysis of Potential Output pp. 282-307

Antonella Palumbo

Neglected Implications of Neoclassical Capital-Labour Substitution for Investment Theory: Another Criticism of Say's Law pp. 308-340

Fabio Petri

Investigating the Empirical Relationship between Polity and Economic Growth pp. 341-368

Myeong Hwan Kim and Yongseung Han

Marketization: Theoretical Reflections Building on the Perspectives of Polanyi and Habermas pp. 369-389

Alexander Ebner

Social Provisioning within a Culture-Nature Life Process pp. 390-409

Zdravka Todorova

The Gender Impact of Social Protection Policies: A Critical Review of the Evidence pp. 410-441

Chiara Piovani and Nursel Aydiner-Avsar

The Role of Aggregate Demand in Kaldor's Late Contributions to Economic Growth: A Comment on Palumbo pp. 442-449

Satya Padhi

The Role of Aggregate Demand in Kaldor's Late Contributions to Economic Growth: A Reply pp. 450-456

Antonella Palumbo

Post-Keynesian Economics: New Foundations pp. 457-463

Fabio Petri

Exorbitant Privilege pp. 463-466

Brad Andrew

The Collected Works of F. A. Hayek, Volume 7: Business Cycles Part I; The Collected Works of F. A. Hayek, Volume 8: Business Cycles Part II pp. 466-471

Jo Michell

Freedom, Responsibility and Economics of the Person pp. 471-475

Stephen Parsons

The Price of Inequality: How Today's Divided Society Endangers Our Future pp. 475-479

Ozan İsler

Volume 27, issue 2, 2015

Pierangelo Garegnani, the Classical Surplus Approach and Demand-led Growth: Introduction to the Symposium pp. 103-110

Sergio Cesaratto and Gary Mongiovi

The Problem of Effective Demand in Italian Economic Development: On the Factors that Determine the Volume of Investment pp. 111-133

Pierangelo Garegnani

Marx and the Development of Critical Political Economy pp. 134-153

Massimo Pivetti

Neo-Kaleckian and Sraffian Controversies on the Theory of Accumulation pp. 154-182

Sergio Cesaratto

Growth without Normal Capacity Utilization and the Meaning of the Long-Run Saving Ratio pp. 183-200

Attilio Trezzini

The Crucible of Debt and Welfare Spending: Evidence from State-level Welfare Expenditures in the United States pp. 201-217

Eloy Fisher

Moral Philosophy or Economic Analysis? The Oxford Handbook of Adam Smith pp. 218-229

A.M.C. Waterman

Piketty's Capital in the Twenty-First Century: A Review Essay pp. 230-239

Edwin Dickens

Inside the Capitalist Firm: An Evolutionary Theory of the Principal-Agent Relation pp. 240-242

Johann K. Jaeckel

A Cooperative Species: Human Reciprocity and Its Evolution pp. 242-247

Martin Jones

Economics After the Crisis: Objectives and Means pp. 247-250

Dirk Ehnts

Complexity and the Art of Public Policy: Solving Society's Problems from the Bottom Up pp. 250-253

Joachim G�ntzel

The Prosperity of Vice: A Worried View of Economics pp. 254-256

Stavros Drakopoulos

Volume 27, issue 1, 2015

Money, Fiscal Policy, and Interest Rates: A Critique of Modern Monetary Theory pp. 1-23

Thomas Palley

Modern Money Theory: A Reply to Palley pp. 24-44

Eric Tymoigne and L. Randall Wray

The Critics of Modern Money Theory (MMT) are Right pp. 45-61

Thomas Palley

A Nobel Prize for the Empirical Analysis of Asset Prices pp. 62-85

Mimoza Shabani and Jan Toporowski

The Climate Casino: Risk, Uncertainty, and Economics for a Warming World pp. 86-89

Emily Northrop

The Darwin Economy: Liberty, Competition, and the Common Good pp. 89-94

Michael E. Bradley

Private Equity at Work. When Wall Street Manages Main Street pp. 94-96

Javier L�pez Bernardo

The Handbook of the Political Economy of Financial Crises pp. 97-102

J. E. King