PhD 1973, Columbia University

Globalization and the Myths of Free Trade (2006); “Who Pays for the ‘Welfare’ in the Welfare State? A Multi-Country Study,” Social Research (2003); “An Important Inconsistency at the Heart of the Standard Macroeconomic Model,” The Journal of Post- Keynesian Economics (2002); “Understanding the US Trade Deficit,” Testimony before the US Trade Deficit Review Commission, Washington, DC (December 1999); “Explaining Inflation and Unemployment: An Alternate to Neoliberal Economic Theory,” in A. Vachlou (ed.), Contemporary Economic Theory (1999); Measuring the Wealth of Nations: The Political Economy of National Accounts (coauthor, 1994).

Room 1124, 6 East 16th Street

Credit and inflation; US stock market; exchange rates; nonlinear dynamic models of growth and cycles; international comparisons of the welfare state.