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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