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Naked Keynesianism Newsletter

Naked Keynesianism

Heterodox economics

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Latest Issues

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...

2 months ago
14
13

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...

a year ago
13

The behavior of the nominal exchange rate between the Brazilian Real and the dollar in 2024

Nathalie Marins, Ricardo Summa & Daniel Consul

Mar 2025

Currency devaluations can disrupt developing economies by raising import costs and food prices, which in turn reduces real wages. This impact is particularly detrimental to lower-inc...

a year ago
14

A very short note on alternative conceptions of welfare

There are two views of welfare that are fundamentally associated to alternative ways to interpreting what markets do, which in turn are based on alternative theories of value. In the more conventional view, adopted in most welfare textbooks...

a year ago
15
8

Are we on the verge of a new Debt Crisis in the developing world (particularly Latin America)?

The capitalist system has been plagued by international monetary and financial instability from its inception. Inflation, deflation, banking and currency crisis, and sovereign defaults have a long and somewhat sensational history. Latin Ame...

a year ago
5

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    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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