Publications

Books:

Financial Structure and Income Distribution: An Application of the Financial Instability Hypothesis to the Great Recession. Forthcoming with L. Randall Wray.

Central Banking, Asset Prices, and Financial Fragility. London: Routledge. 2009.

Articles:

“It Isn’t Working: Time for more Radical Policies.” (With L.R. Wray) Public Policy Brief No. 105, Levy Economics Institute, November 2009.

“A Hard-Nosed Look at Worsening U.S. Household Finance.” Challenge, 50 (4), July-August 2007: 88-111

 “Improving Financial Stability: Uncertainty versus Imperfection.” Journal of Economic Issues, 41 (2), June 2007: 503-511

“Post Keynesian Economics since 1936: A History of a Promise that Bounced?” (With F.S. Lee) Journal of Post Keynesian Economics, 26 (2), Winter 2003-4: 273-287

“Keynes and Commons on Money.” Journal of Economic Issues, 37 (3), September 2003: 527-545

“La demande de monnaie dans le modèle de Moore.” Les Cahiers Lillois d’Économie et de Sociologie, 38, Novembre 2002: 97-132

Contributions in Edited Books:

“Financial Stability, Regulatory Buffers, and Economic Growth after the Great Recession: Some Regulatory Implications.” In Whalen, C.J. (ed.), Financial Instability and Economic Security after the Great Recession, forthcoming.

“Engineering Pyramid Ponzi Finance: The Evolution of Private Finance from 1970–2008 and Implications for Regulation.” In J. Leclaire, T.-H. Jo, and J. Knodell (eds.) Heterodox Analysis of Financial Crisis and Reform, forthcoming.

“Minsky and Economic Policy: ‘Keynesianism’ all over again?” In Papadimitriou, D. and L.R. Wray (eds.), The Elgar Companion to Hyman P. Minsky. Northampton: Edward Elgar. 2010.

“The U.S. Mortgage Crisis: Subprime or Systemic?” In Gregoriou, G. N. (ed.) Banking Crisis Handbook. London: CRC Press. 2009.

 “Macroeconomics Meets Hyman P. Minsky: The Financial Theory of Investment.” (With L. R. Wray) Forthcoming in Fontana and Setterfield (eds.) Macroeconomic Theory and Macroeconomic Pedagogy. Basingstoke: Palgrave Macmillan. 2008.

“Money: An Alternative Story.” (With L. R. Wray) In Arestis, P. and M. Sawyer (eds.), Handbook of Alternative Monetary Economics: 1-16. Northampton: Edward Elgar. 2006

“Deflation.” In Beckert, J. and M. Zafirovsky (eds.), The International Encyclopedia of Economic sociology, 132-134. London: Routledge. 2005

“Expectations.” In King, J. (ed.), The Elgar Companion to Post Keynesian Economics, 135-141. Northampton: Edward Elgar. 2003

Book Reviews:

Safeguarding Financial Stability by Schinasi, G.J. Journal of Economic Issues, 41 (1), March 2007

Central Banking in the Modern World by Lavoie, M. and M. Seccareccia (eds.). Journal of Economic Issues, 40 (1), March 2006 

Making Money by Crow, J. Journal of Economic Issues, 38 (1), March 2004

The Fed by Mayer, M. Journal of Economic Issues, 37 (1), March 2003