Tag Archives: McCombie

Leading academic and Keynesian best known for Thirlwall’s Law on economic growthJohn McCombieThe economist Tony Thirlwall, who has died aged 82, was, in his own words, an “unreconstructed Keynesian”. He saw this not as a pejorative title, but more as an accolade, considering that many of the insights of John Maynard Keynes, and in particular the importance of demand, are still relevant for understanding today’s economy.Tony is perhaps best known for his original way of thinking about...

Thirlwall and McCombie The new issue of ROKE is out. Three papers are freely downloadable (linked below). Check it out!Thirlwall's law at 40 by Esteban Pérez Caldentey and Matías VernengoWhy Thirlwall's law is not a tautology: more on the debate over the law by J.S.L. McCombieThoughts on the balance-of-payments-constrained growth after 40 years by A.P. Thirlwall