Saturday, December 27, 2014

L. Randall Wray — Not Dead Yet: Post Keynesian Economics Lives On At UMKC

Leading Post Keynesian Modern Monetary Theorist (MMT) and Chair of the Economics Department at the University of Missouri-Kansas City (UMKC) is leaving there to become the Chief Economist of the Minority at the US Senate Budget Committee. She is reported to have been hired by Bernie Sanders, who will be ranking member of that committee after the Dems lose control of the Senate in January.
Barkley Rosser goes on to claim I’ve also left UMKC, and frets that this might be the end of Post Keynesian Economics at UMKC.
Nothing could be farther from the truth. Yes, I’m half-way through what is arguably a well-earned and long-overdue year-long sabbatical. And Professor Kelton is taking a two year leave of absence to go to Washington to try to knock some sense into beltway politicos, pundits, and progressives. 
But Post Keynesian economics, as well as other heterodox strands of economics, is alive and well at UMKC.…
Economonitor — Great Leap Forward
L. Randall Wray | Professor of Economics, University of Missouri at Kansas City

1 comment:

Matt Franko said...

"the deficit" is dead.... long live "the deficit"...