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A methodological inconsistency arises from presenting macroeconomic arguments formally and microeconomic arguments verbally.

This paper shows how Keynes-Kalecki Structuralist models might benefit from agent-based microfoundations without sacrificing traditional macroeconomic themes.

The question addressed in this paper is: can monetary policy succeed in stabilizing the economy even when the policy model on which it is predicated is mis-specified?

This paper explains the Joan Robinson's abandonment of discussing exploitation in The Accumulation of Capital.

The framing of the redevelopment of Manhattan's Hudson Yards as a self-financed project hides the public trade-offs.

This working paper builds on Farjoun and Machover's probabilistic approach to understand the distribution of firm level profit rates.


SCEPA works to focus the public economics debate on the role government can and should play in the real productive economy - that of business, management, and labor - to raise living standards, create economic security, and attain full employment.