Well, it looks like he's a #postKeynesian. I'd say that's pretty encouraging.

Just used ChatGPT to organize some of my understandings of international economics and finance from a post-Keynesian perspective, including issues like balance of payments, trade balance and terms of trade, distributional effects of export promotion, Debt Crisis and austerity, hyperinflation and currency collapse, the ramifications of interest rate hikes etc. I will organize them later when I arrive home.

#postkeynesian #international #economics #trade #finance #currency

I just had an interesting thought exercise: here's an analysis of the circular flow of income, money and other dynamics of economic simulation in Victoria 3.

0/x
#victoria3 #postkeynesian #monetary #finance #economics

Hey I know people often complained about ChatGPT producing made-up referrences but it seems legit when being asked to produce some reading lists. People who are focused on similar subjects as me might also find some useful stuff in this recommended list.
https://drive.google.com/file/d/1mUpXo-ZFWqhw9bBlcxFYfaUoshXWdGqq/view?usp=sharing

#complexity #dynamicsystem #nonlinear #chaos #ecology #postkeynesian #marxian #economics #computational #quantitative #statistics

@IAFFE This was a great session. #PostKeynesian economics links up with #CareEconomy and a rich comparative #macroeconomics of the global South. Thanks again to all the organizers of #iaffe2023.

Great summary of how various economic theories can contribute to better #climate #modeling by J.Christopher Proctor.

#openaccess https://link.springer.com/article/10.1007/s43253-023-00098-7

His Twitter thread can be found here: https://twitter.com/Jcproctor29/status/1661404488735895552?s=20

#PostKeynesian
#EvolutionaryEconomics
#FeministEconomics
#EcologicalEconomics
#MarxianEconomics
#InstitutionalEconomics
#CooperativeEconomics
#BehavioralEconomics

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
→ https://cusp.ac.uk/themes/s2/wp38

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

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: https://sites.google.com/uw.edu/crisesofthewhitebody/home

#historyofthebody #historyofeugenics #historyofeconomics #historyofpsychology
#histodons

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

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

Economics for the Common Good #socialeconomics

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

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