Tag Archives: ROKE

The Review of Keynesian Economics (ROKE) is honored to announce the creation of the Godley-Tobin Lectures, an annual lecture to be delivered at the Eastern Economic Association meetings.Wynne Godley and James Tobin represent the best among Keynesian economists. Both scholars insisted they were non-hyphenated Keynesians, meaning Keynesianism transcends the political disputes that often accompany economics. There is a deeper scientific validity to Keynesianism, something we reaffirmed in our...

In light of increased unemployment, the absence of strong economic growth and the threat of deflation in many countries, the recent financial crisis led many to expect a shift in monetary policy. Central banks were at the forefront of these changes, by shunning ‘conventional’ policies in favor of so-called unconventional ones. After experimenting with Quantitative Easing, a number of countries have recently officially adopted negative interest rates in the hope of reviving their moribund...

From the new issue of the Review of Keynesian Economics (ROKE). By Marica Frangakis from the Nicos Poulantzas Institute, Athens, Greece. From the abstract:Greece is the country in which the eurozone's public debt crisis began in late 2009. The policy response of the EU elites was to provide financial assistance on condition that a strict austerity-cum-deregulation policy is applied under the watchful guidance of the European Commission, the European Central Bank and the IMF (the so-called...