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Volume 18 No.2 March – April 2026
Contents
A post-Keynesian discussion of US economic hegemony: resilience or decline? (Part 2)
Balancing loyalty to allies, economic pragmatism, and regional diplomacy
Alan Prout
Wealth taxes don’t go far enough: let’s transform our economy with public money
Public money beyond taxes
Sheridan Kates
Kenneth Rogoff Is (almost) right about the importance of inflation – but entirely wrong about its management
Abandoning household analogies & creditor-centric framing
Susan Borden
Economics textbooks – scandalous intellectual dishonesty
Understanding the Sonnenschein-Mantel-Debreu theorem
Lars Syll
The Global Financial Crisis from a flawed neoclassical perspective
Orthodox economists misunderstand monetary mechanics
Steve Keen
Book Review: The Big Con, by M Mazzucato & R Collington – Editor
Equations that mask inequality
Students of economics learn obedience to equations that mask inequality
Barbara Williams
Uncertainty is central to Keynesian economics
Keynes without uncertainty is something like Hamlet without the Prince
Steven Hail
Can MMT save AI from catastrophe?Intentionally created jobs
John Alt
Renewables over 50%, wholesale prices down; is the energy transition succeeding?
Shifting from gas is a slow process
Tony Wood
Empathy, morality, civilisation and resisting tyrants
Can we cultivate more compassionate and peaceable societies?
Geoff Davies
When ecosystems fail, civilisation follows
Ecosystem collapse threatens global security, prosperity and human survival
Julian Cribb
Book Review: US Business Cycles 1954-2020, by John Harvey – Steven Hail
Volume 18 No.1 January – February 2026
Contents
From public good to corporate enterprise: The financialisation of universities (Part 2)
Universities are now expected to produce graduates who are immediately “job-ready”
John H Howard
Economic myths
Neoliberalism is beginning to totter
Mark Diesendorf
A post-Keynesian discussion of US economic hegemony: resilience or decline?
Part 1) Market participants, have a flawed understanding of the bond-deficit nexus
Alan Prout
The China dependency nobody talks about: how smart countries build dumb export structures
Why does Australia’s export profile look like that of a developing economy?
Darren Quinn
Recommended article: The service sector path to shared prosperity, by Dani Rodrik
We must address climate change, inequality, and poverty simultaneously, but prevailing economic approaches are failing.
Editor
How to talk about it
Framing MMT as a part of normative society
John Alt
What caused both the Great Depression and the 2008 crisis?
Our economic system is inherently unstable and vulnerable
Steve Keen
The confident falsehoods of economists and the Nobel Prize
The Sveriges Riksbank Economics Prize has outlived its purpose
Lars Syll
From neoclassical economics to the masking of it with New-Keynesian economics
The economy we inhabit is unstable, institutionally complex, and riddled with power asymmetries
Tyrone Keynes
A just transition can remake Australia if we choose to think bigger
Investing in wellness and happiness
Peter Hansford
Ben Bernanke — the “expert” who got it all wrong
Extracted from an article by Steve Keen






























