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Tag Archives: Bhaduri

“Wages, prices, and employment in a Keynesian long-run” by Marglin

New issue of ROKE with papers by Stephen Marglin, Amit Bhaduri, Esteban Pérez (with your truly) among others. Last issue of the several in honor of the 25 years of the Marglin-Bhaduri papers on profit-led/wag-led growth. From the abstract of Marglin's paper: The central question this paper addresses is the same one I explored in my joint work with Amit Bhaduri 25 years ago: under what circumstances are high wages good for employment? I extend our 1990 argument in three directions....

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The Gospel of Co-operative Capitalism: Acolytes and Apostates

Bill McColloch published a new PERI Working Paper, which deals with the same issues, in a very different way, raised in the last chapter of his dissertation. From the abstract: The present paper seeks to locate the Bhaduri-Marglin (B-M) model as an historical outcome of the Left's internal disputes over the prospects for social democracy. In better  contextualizing the B-M model as a historical response to the perceived political economic failings of the social compromises upon which the...

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Amit Bhaduri and Diane Elson win the 2016 Leontief Prize

Tufts Global Development and Environment (GDAE) Institute announced the Leontief winners for next year. From the press release: GDAE will award its 2016 Leontief Prize for Advancing the Frontiers of Economic Thought to Diane Elson and Amit Bhaduri. This year's award, titled "Development and Equity," recognizes the contributions that these researchers have made to economic understandings of development, power, gender, and human rights.“As the free market and waves of globalization have left...

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