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Teaching Post-Keynesian economics in a mainstream department

Listed author(s):
  • Marc Lavoie

    (CEPN - Centre d'Economie de l'Université Paris Nord - Université Paris 13 - USPC - Université Sorbonne Paris Cité - CNRS - Centre National de la Recherche Scientifique, University of Ottawa [Ottawa])

The outline of this chapter is the following. First, I will provide some background information about how I became interested in post-Keynesian economics. This will be followed by a short discussion on the various strategies that can be adopted to teach heterodox economics, in particular in a mainstream department. One of these strategies, creating entire alternative courses, will then be dealt with in more detail, as this was the main strategy that I pursued with some of my colleagues. There are three possible ways in which entire new courses can be created, and these three sub-strategies will be considered in turn, since all three were pursued. Finally, my more recent experience in adapting a first-year textbook will be discussed in the last section, before the conclusion. I have no particular expertise in pedagogy, and so my comments will be limited to elements of autobiography, some history of recent economic thought, the description of some of the courses that I have taught over the years, and a little analytical content.

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Paper provided by HAL in its series Post-Print with number hal-01343657.

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Length:
Date of creation: 2013
Publication status: Published in Mogens Ove Madsen and Jesper Jespersen. Teaching Post Keynesian Economics, Edward Elgar, pp. 12-33, 2013, <10.4337/9781782547006.00007>
Handle: RePEc:hal:journl:hal-01343657
DOI: 10.4337/9781782547006.00007
Note: View the original document on HAL open archive server: https://hal-univ-paris13.archives-ouvertes.fr/hal-01343657
Contact details of provider: Web page: https://hal.archives-ouvertes.fr/

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  1. Marc Lavoie, 2000. "A Post Keynesian View of Interest Parity Theorems," Journal of Post Keynesian Economics, M.E. Sharpe, Inc., vol. 23(1), pages 163-179, October.
  2. Harcourt,G. C., 1972. "Some Cambridge Controversies in the Theory of Capital," Cambridge Books, Cambridge University Press, number 9780521096720.
  3. Marc Lavoie, 1996. "Traverse, Hysteresis, and Normal Rates of Capacity Utilization in Kaleckian Models of Growth and Distribution," Review of Radical Political Economics, Union for Radical Political Economics, vol. 28(4), pages 113-147, December.
  4. Luigi L. Pasinetti, 1962. "Rate of Profit and Income Distribution in Relation to the Rate of Economic Growth," Review of Economic Studies, Oxford University Press, vol. 29(4), pages 267-279.
  5. Marglin, Stephen A, 1984. "Growth, Distribution, and Inflation: A Centennial Synthesis," Cambridge Journal of Economics, Oxford University Press, vol. 8(2), pages 115-144, June.
  6. Davidson, Paul, 1972. "Money and the Real World," Economic Journal, Royal Economic Society, vol. 82(325), pages 101-115, March.
  7. Harcourt, G C & Kenyon, Peter, 1976. "Pricing and the Investment Decision," Kyklos, Wiley Blackwell, vol. 29(3), pages 449-477.
  8. Lavoie, Marc & Ramirez-Gaston, Pablo, 1997. "Traverse in a Two-Sector Kaleckian Model of Growth with Target-Return Pricing," The Manchester School of Economic & Social Studies, University of Manchester, vol. 65(2), pages 145-169, March.
  9. Asimakopulos, A, 1970. "A Robinsonian Growth Model in One Sector Notation-An Amendment," Australian Economic Papers, Wiley Blackwell, vol. 9(15), pages 171-176, December.
  10. Harris, Donald J, 1974. "The Price Policy of Firms, the Level of Employment and Distribution of Income in the Short Run," Australian Economic Papers, Wiley Blackwell, vol. 13(22), pages 144-151, June.
  11. Hahn, F H, 1975. "Revival of Political Economy: The Wrong Issues and the Wrong Argument," The Economic Record, The Economic Society of Australia, vol. 51(135), pages 360-364, September.
  12. Dutt, Amitava Krishna, 1984. "Stagnation, Income Distribution and Monopoly Power," Cambridge Journal of Economics, Oxford University Press, vol. 8(1), pages 25-40, March.
  13. Eichner, Alfred S & Kregel, J A, 1975. "An Essay on Post-Keynesian Theory: A New Paradigm in Economics," Journal of Economic Literature, American Economic Association, vol. 13(4), pages 1293-1314, December.
  14. Spaventa, Luigi, 1970. "Rate of Profit, Rate of Growth, and Capital Intensity in a Simple Production Model," Oxford Economic Papers, Oxford University Press, vol. 22(2), pages 129-147, July.
  15. Eichner, Alfred S, 1973. "A Theory of the Determination of the Mark-up Under Oligopoly," Economic Journal, Royal Economic Society, vol. 83(332), pages 1184-1200, December.
  16. Basil J. Moore, 1973. "Some Macroeconomic Consequences of Corporate Equities," Canadian Journal of Economics, Canadian Economics Association, vol. 6(4), pages 529-544, November.
  17. Henry, J. & Lavoie, M., 1997. "The Hicksian traverse as a process of reproportioning: some structural dynamics," Structural Change and Economic Dynamics, Elsevier, vol. 8(2), pages 157-175, June.
  18. David H. Romer, 2000. "Keynesian Macroeconomics without the LM Curve," Journal of Economic Perspectives, American Economic Association, vol. 14(2), pages 149-169, Spring.
  19. Dutt, Amitava Krishna, 1987. "Alternative Closures Again: A Comment on 'Growth, Distribution and Inflation.'," Cambridge Journal of Economics, Oxford University Press, vol. 11(1), pages 75-82, March.
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