Naked Keynesianism Newsletter
Naked KeynesianismHeterodox economics
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The Fiscal-Military State
This is another text based on a handout for class discussion. The objective is to show that the fiscal-military state was not simply a state that spent more on war. It was a new institutional form in which taxation, public debt, public bank...
Neoliberalism, Classical Liberalism and Neoclassical Economics
The terms liberalism and neoliberalism are clearly related, but the relationship between them has often obscured the more important analytical question of what kind of economics gives neoliberalism its coherence. Neoliberal authors have fre...
Beyond Green Scarcity
I presented a paper at the Bucknell Institute for Public Policy conference, Policy Challenges in a Complex World, held on October 2–3, 2025, on the relation between inequality and the environment. A working paper version should be available...
Schumpeter
Joseph Alois Schumpeter (1883-1950) is often said to be one of the greatest economists of the twentieth century. He certainly thought very highly of himself. The old joke goes that he wanted to be the best economist in the world, the best h...
A short note on fiscal regimes and fiscal policy
There is a reasonable debate about how much taxes matter. Most economists would agree that taxes do matter. However, the way in which taxes matter is often not altogether clear. More often than not when discussing taxes the tendency is to c...
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Authors
The writers behind this newsletter.
My interests are in macroeconomics (development & international), international political economy (monetary & financial), and history of ideas (classical-Keynesian or Sraffian perspective)
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