Tag Archives: ROKE

Marc Lavoie — Godley Versus Tobin On Monetary Matters

Posted on February 19, 2022 by V. Ramanan

The fourth Godley-Tobin lecture was by Marc Lavoie on February 2021. The video of the talk is on YouTube.

There is now a paper by the same title published with ROKE (Review Of Keynesian Economics).

It’s interesting how James Tobin had a lot of things right but yet his model has a lot of neoclassical economics.

In the paper Marc Lavoie argues how Tobin seems to get a lot of things right but those were just weapons for criticisms of extreme views such as of Friedman. Tobin didn’t actually believe in them. Wynne Godley’s models are quite successful in escaping old ideas, if you remember the ending line of the preface of the GT.

Robert Rowthorn: Keynesian Economics – Back From The Dead?

Posted on January 28, 2020 by V. Ramanan

Bob Rowthorn’s Godley-Tobin lecture presented at the Eastern Economic Association, New York, on 1 March 2019 is not available as a paper at Review Of Keynesian Economics.

You can view the video here.

Link

Matias Vernengo — Forty Years Of Balance Of Payments Constrained Growth And Thirlwall’s Law

According to Matias Vernengo, Review Of Keynesian Economics (ROKE) will soon publish a special issue on Thirlwall’s Law, with a contribution by Anthony Thirlwall himself.

Matias’ post has a scan of Thirlwall’s notes where he penned y = x/π.