The voting paradox has been a problem for both the public choice and rational choice schools. A recent attempt to deal with this paradox argues that voting is like applauding at a concert and is therefore expressive rather than rational behavior. This paper argues that such a move fails because:...

Harold M. Hochman (“Hal” is his universally-used nickname) served as the editor of this journal for most of the past decade. This tribute is written to express our appreciation for Hal’s excellent leadership of the journal and for his scholarship. One of us (Pressman) is particularly...

This paper argues that providing alternative perspectives, such as Post Keynesian economics, is important to students and for the success of the economics profession. Comparing and contrasting different views allow students to develop critical reasoning skills that they will need later in their...

This paper sets forth some Post Keynesian policy proposals concerning education. It first reviews U.S. education problems and the neoclassical solution to them, which relies on increasing competition and consumer choice. The paper then reviews the empirical literature on these topics, and...

Three problems plague the public choice perspective. First, it cannot explain why people vote, changes in voting behavior, or the actual votes of people. Second, public choice cannot predict the behavior of politicians. It cannot help us understand the sorts of people who run for public office,...

J.K. Galbraith was a highly original theorist whose contributions deserve lasting recognition. Galbraith analyzed the significant economic power held by large firms, which underpinned the success of the U.S. economy in the post-World War II era. Galbraith highlighted how this concentration of...