There are many stages at which errors in recorded stock prices can appear. Some simple keypunching errors, for example, can cause substantial errors. This note demonstrates some effects of these errors on serial correlations and on the distributions of returns. One explanation is provided for...

This paper examines some features of <italic>The General Theory</italic> that remain relevant 75 years after its publication. Keynes showed that even in a competitive economy with perfectly flexible prices, wages and interest rates, market prices could not guarantee full employment and that the achievement of...

A review essay of Luigi L. Pasinetti, Keynes and the Cambridge Keynesians. A ‘Revolution in Economics’ to be Accomplished, Cambridge, Cambridge University Press, 2007, pp. xxiii-384.

Capitalism, Socialism and Post-Keynesianism begins with three essays on policy issues: the case for a middle way between command economies and free market economies; the broad principles of macroeconomic policy for Australia in the 1990s; and an integrated set of ‘modest proposals’ to get...

This two volume Handbook contains chapters on the main areas to which Post-Keynesians have made sustained and important contributions. These include theories of accumulation, distribution, pricing, money and finance, international trade and capital flows, the environment, methodological issues,...